B4P 1.89% 52.0¢ beforepay group limited

Beforepay: the acceptable face of payday lending, page-7

  1. 4 Posts.
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    I'm not worried , the staff i know within the company are committed to the company and are passionate to build a much bigger company to solve the issues of the old ways of payday lending, so they will be buying not selling.
    also the IPO stock was fully committed weeks before the book build was closed. and everyone was massively scaled back, so their should be lots of buying in the free market in the weeks and months post IPO from instows and investors to build their original parcels of stock they were wanting.
    Plus the valuation is cheap for the growth that's accorded leading up to 31st Dec and the huge wave coming particularly as the economy is opening up . The growth & demand for short term loans is huge and they haven't really done much marketing yet. The facts are Standard BNPL Companies only serve about 20% of retailers in AUST. Beforepay can service 100%, because 100% of business will take CASH money from someones bank account. so the market is much much much bigger. Also they have the best tech very little or very average competition and they have first mover advantage, and excellent management . Don't underestimate the value, power and contacts of Brian Hazer ex CEO of Westpac. You don't become a CEO of westpac without some skills and abilities. For a startup that only been around for 18 months to get someone of the his caliber to be the chairman is nothing short of as amazing . and now they have secured ex CFO Luke Bortoli from AFTERPAY to Become the CFO of BEFOREPAY. This Company will be much much bigger in the next year. Brian Hazer is not silly, he had lots of company offers to join , its not a fluke that he choose Beforepay . With the team they are building and this business model this company is definitely on the rise...
 
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Last
52.0¢
Change
-0.010(1.89%)
Mkt cap ! $24.53M
Open High Low Value Volume
53.0¢ 53.0¢ 52.0¢ $12.34K 23.36K

Buyers (Bids)

No. Vol. Price($)
1 62586 48.0¢
 

Sellers (Offers)

Price($) Vol. No.
53.0¢ 5352 2
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