Ann: Suspension from Quotation, page-20

Not likely to stop trading given a couple new board members have been appointed expecting couple more including a new secretary, not to mention Alex is buying up more than most expected, correct his got a decent amount of shares, however historically Xtreme you haven’t been far of the mark. Ekpay later write downs could have a few to write down, though my understanding most of the write downs came from OneStep. My understanding it’s not necessarily uncommon when interest rates rises the write down’s occur, nothing surprising when you consider what are the repercussions of higher interest rates to lenders like BNPL’s .

You could imagine other BNPL companies who are heavily leveraged in financial debt giving out loans to customers via BNPL all seem to be good prior to the higher rates. BUT higher rates companies forced to pay back higher rates eating up their profit margins but also paying for any further differences in losses. I’m leaning more to the write downs for the probable cause being higher interest rates rather than customers default .

imo This is temporary imo of higher rates though we don’t know for how long but there are some economists suggesting lower rates isn’t far away in the near future some time this year perhaps. What we should focusing and be seeing in these times of higher interest rates is ChapterTwo and Hong Kong Debt management operations to be thriving, ChapterTwo’s performance is above expectations would you Xtreme?

not professional DYOR