IMHO the potential for DOU is their focus on responsible lending in the BNPL sphere. Want to apply for a car loan with a $100 p/w payment? That's a credit enquiry, and a semi-forensic investigation into whether you can afford to pay $100 p/w. Even if you just finished paying a loan with the same lender for $200/w.
Afterpay can give people $250+ p/w of credit without ever asking if they *have* an income. Regulation is going to come when financial counsellors cotton onto this and start demanding BNPL's forgive debt.
DOU might have a fairly basic business model and limited relative expertise or financial backing, but IMO they're placing their bets on the banks and other lenders having their complaints heard by ASIC, eg, "Is this really responsible lending, and why can't we do the same?"
- Forums
- ASX - By Stock
- DOU
- Douugh (ASX:DOU): The best thing since sliced bread?
Douugh (ASX:DOU): The best thing since sliced bread?, page-616
-
-
- There are more pages in this discussion • 397 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add DOU (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.3¢ |
Change
0.004(44.4%) |
Mkt cap ! $14.06M |
Open | High | Low | Value | Volume |
0.9¢ | 1.7¢ | 0.8¢ | $541.3K | 42.77M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1050000 | 1.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.3¢ | 1474906 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1050000 | 0.012 |
4 | 355455 | 0.011 |
7 | 1754545 | 0.010 |
4 | 1362444 | 0.009 |
3 | 3340995 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.013 | 1474906 | 2 |
0.014 | 2082302 | 5 |
0.015 | 2513200 | 7 |
0.016 | 3757847 | 6 |
0.017 | 3850118 | 7 |
Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
Featured News
DOU (ASX) Chart |
The Watchlist
LGP
LITTLE GREEN PHARMA LTD
Paul Long, Chief Executive Officer
Paul Long
Chief Executive Officer
SPONSORED BY The Market Online