100% agree with this. Everyone cashes in a bit on IPO. You could tell from his demeanour in some of his recent presentations when he spoke to the share price that he wasn’t happy.
UK lockdown had slowed momentum and cost him a big chunk. Should have raised sooner but he took a punt and strung it out. He wasn’t to know the BNPL market was going to spin out. Paying the price now.
So long as the fundamentals are still there this has promise.
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