$1 Club, page-19459

Still up 88% from the first trading day of the year!

The next week will be interesting to see if any significant people have been loading/off loading.

I'd still rather hedge my bet with a company with a float that can withstand a turning tide, rather than a company that will have circa 1.8 Billion Shares on issue and less than 2 Mil in funds. Delusions of grandeur when a cap raise is imminent and the future potential for a share consolidation. All things lead to dilution.

Time will tell for IOU, however the timeline for realisation maybe shorter for others (potentially bad)

I wouldn't be surprised if a significant portion of the cap raise for IOU goes towards the NON BNPL space, as this will be the most 'bang for buck' in the short term. Hence provide a solid base to build the BNPL space and allow time to enact an appropriate credit/loan facility by a major financial institution.

IMHO DYOR