I suspect it is a demand problem: there’s not enough demand for their lending ‘product’…
…despite all the babbling about ‘customers banging down the door’, them needing ‘a debt red sea’ that got fed through all the webinars etc. It is clear from the financial statements that their flagship SaaS product has been a commercial flop, why would their lending product be any different?
SPX Price at posting:
0.7¢ Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)