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16/12/20
12:55
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Originally posted by Marvin_Mindreader:
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Yesterday Mkt Cap was $233m (not $180m). Current Mkt Cap is $274m based on current price of $2.54. This is cheaper than Afterpay and Zip, but those ones have much more scale so is probably justified. OpenPay is quite a bit more expensive than Laybuy, which doesn't feel right given difference in GMV and growth rates. But both Laybuy and Openpay appear very cheap on revenue multiples compared to others in the market. Currently not in Openpay but watching it for a possible entry (benefit of hindsight I should have entered yesterday!) Cheers Marv
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Every BNPL stocks are over valued mate. But you will see that out of them all OPY is the least. I only hold 2 BNPL stocks, OPY because i believe that it has more upsides than its peers, and HUM because it is a profitable business.