My thoughts on the current state:
1. Trading is soft and growth is minimal
2. Bad debts are on the rise
3. Acquisition has hit regulatory challenges and funding will dilute existing shareholders
4. US venture was a disaster
Let's see what fruit the next trading update brings, assuming management is brave enough to spill the beans.
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News: OPY Openpay Upsizes Existing A$25 Mln Corporate Debt Facility, page-5
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