You see no reason for the price dropping to 22c odd from 50c odd since mid Mar. It just happens. Clearly the efficient markets theory is correct in your outlook. And you will not be aware that IOU was oversold and rebounded back - or was that some "announced" recovery (perhaps you could tell which announcement you felt was leading). Yes, IOU is applying its business nuance in a appropriate way and there are covid19 troubles to avoid. Expectations are like a yoyo and you think announcements are driving the price higher like cars being driven on the sniff of a oily rag.
They have a slow start, very slow! August welcome positive news of nearly $3m TTV with $0.25m NTR. Not much but a start. Afterpay still have not made a profit. Which BNPL have? Announcements are important but give me a break with the positive news.
IOU Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
