LBY's loss ratio is 2.6%, on a 1bn GMV that's 26m of defaults. once LBY runs out of cash, the lenders won't bear the default risk for LBY and all these facilities could be withdrawn. I have no intention to scare anyone off, you're free to stay in the stock if you want. but calling other's opinion rubbish only makes me think you're terrified of the truth which we pointed out.
LBY Price at posting:
15.5¢ Sentiment: None Disclosure: Not Held
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