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Stockmum57

272 Posts.

119

05/04/21

16:41

Post #: 52253658
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Originally posted by Alex.e92: ↑

For those that missed this article.
https://unauthorised investment advice/experts/why-asia-is-the-honeypot-for-asx-fintechs/

"Skip forward to February this year, and with momentum building IOUpay closed a huge $50m share placement at 50c per share – representing a gain of more than 3,000 per cent from June 2020 trading levels.A key part of IOUpay’s value proposition is that it has boots on the ground in its core Malaysian market, where key members of its executive team are leveraging their long-term client relationships in the local banking and finance sectorTo Clee, that kind of competitive advantage will be crucial as the sector matures.“We spotted an opportunity in BNPL, but in my view there’s just too many players in the market,” he told *.“The sector needs to consolidate. Some companies are doing great things but some aren’t doing much at all.”

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Thanks for sharing Alex, it's a great read.
Even better that Clee thinks we are in the same unique position as the other company mentioned in that article. Can't wait for our 50 cent party soon

IOU Price at posting: 38.5¢ Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

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(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $6.200M

Open	High	Low	Value	Volume
0.5¢	0.5¢	0.5¢	$21.22K	4.244M

Buyers (Bids)

No.	Vol.	Price($)
6	1042487	0.5¢

Sellers (Offers)

Price($)	Vol.	No.
0.6¢	2186110	9

View Market Depth

No.	Vol.	Price($)
6	1049797	0.005
23	15830837	0.004
21	11473765	0.003
16	12113887	0.002
14	56245483	0.001

Price($)	Vol.	No.
0.006	2186110	9
0.007	5678369	11
0.008	4627882	8
0.009	3626666	10
0.010	1137017	6

Last trade - 10.09am 22/07/2024 (20 minute delay)

OVT (ASX) Chart