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2.7¢ kaddy limited

Ann: Extension to SPP Closing Date, page-35

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WhatsupwithBas

1,707 Posts.

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27/10/21

11:08

Post #: 57106813
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Originally posted by spv1: ↑

Kaddy use to pitch themselves as a "B2B Afterpay" for the Bev sector, where they were proposing eye watering 7 to 9% platform fees (compared to afterpay's 3.9%).
The DW8 merger materials seem to have gone quite on that (or have i missed it) and pivoted towards B2B marketplace. Not sure if Kaddy's 2019 plans did not get traction were abandoned or what.

My guess was that it was to capital intensive for them to sustain and COVID would have caused more than few bad debt head aches. Be interesting to see if it is dusted off and re-emerges as a theme in the story down the line.

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Not sure about the rest, but as an small afterpay merchant, 3.9% that the big end can get would be amazing... 5-6% for us small fish

DW8 Price at posting: 5.6¢ Sentiment: Buy Disclosure: Held
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