IOU Chart, page-225

(I POSTED THIS LAST a FEW DAYS BACK Everyone bagging the C.R doesnt know what they are talking about DO YOU THINK SMART MONEY ARE GOING TO THROW MONEY AWAY N A POOR INVESTMENT WITH A POOR MANAGEMENT TEAM?)

I rarely post on H.C however I thought I'd throw my 2 cents in. I'm even trying to make sense of it all!

Long time holder since ICU 2.8 cents and bought along the way up to 20 cents, just before the recent pop.

Traditional valuations are extinct ...I'm not saying financials are not important and caution is not being throw to the wind however the current environment of money printing job keeper (this will be extended in a different form ) HISTORICALLY the LOWEST INTEREST RATES I can borrow commercial money at under 2% NEVER BEFORE IN HISTORY.

Despite what people think about job keeper etc ending, I learnt the hard way markets usually do the opposite to which you expect!

No one is working EVERYONE unemployed kids trading Gameshop EVERYONE (well nearly) who is not working is starting to get into trading even Channel 9 News have segments telling people how to open a share trading account, step by step.

Ask yourselves these questions...

If IOU were $1.00 in a weeks time would you be surprised ?

If IOU were $2.00 in 2 months time would you be surprised?.... ...

and if it were $5.00 by Christmas ???????

People are posting price comparisons with other BNPL players, only problem I have is they all apply conservative P.E's and growth projections to their calculations WHY?........ great be conservative however the market is telling you, you are wrong! .......... because the BNPL stocks before IOU have shown us the way APT, ZIP and so on, and some with obscene market caps MASSIVE LOSSES and or UN-PROVEN MANAGEMENT TEAMS.

1. Right space right time
2. Cheapest money ever available
3. More investors in the market
4. RIGHT MANAGEMENT TEAM they were even successful in defending a management takeover very strong MANAGEMENT TEAM
5. DO NOT UNDERESTIMATE the value of management
6. New explosive S/E Asian market average age 30's very important
7. Many people UN-banked this IS ALSO CRITICAL it will drive consumer uptake instant credit
8. VERY high technology uptake in S/E ASIA
9. FOMO new player in prime market everyone seen whats happened before in this space do you think people would really sell their shares for .44 cents on Monday REALLY ?
10. How many NEW people have heard of IOU in just the past week??? What do you think they will do on Monday 16th?
11. BNPL sector just came off some negative sentiment now back with the upward march

I could go on.....

So traditional valuations do not work ATM especially in the BNPL space and for that matter in real estate were I cut my teeth it makes no sense to me but the market is telling me im wrong THAT'S MY POINT OLD LEANINGS ARE JUST THAT OLD OUTDATED because these markets are saying otherwise......

BNPL sector is SUPER HOT not only proven but going gangbusters whatever you think double it, triple it, quadruple it .....it all comes down to our Management team, execution of retail and consumer uptake THAT'S IT the BNPL model is well and truly proven.

CONSUMERS AND RETAILERS WANT BNPL AND ARE WILLING TOP PAY FOR IT

All im saying is the daily grind up down sideways price action has little to do with how our management team deliver, and WHEN they deliver I say this as I trust them they have earned that right ....... that's why I have been topping up all the way and I will continue to do so until I see most of the growth.....that's a long way away if we trust the management to do their jobs, and we support them we will ALL BE REWARDED.

What would happen if no one sold their shares on Monday 16th?

I expect the price to gap up on Monday, then its anyone's guess, but the above sentiment
(NOT VALUATIONS, PROJECTIONS or CALCULATIONS ) ..................................................may have something to do with it.

BNPL market is a proven WINNER and so is our team

MANAGEMENT
MANAGEMENT
MANAGEMENT
MANAGEMENT