It looks to me like that have almost no cash left and realise the significant concerns they face into interest rate rises, credit risk and a slowing of growth globally
their expansion plan is being squeezed and the capital raise risk is large
a lot of this was due largely by “going it alone”, with no large investors or tech funds, no exclusive vendors or platforms to advertise, and leaning on investors to continue to cough up cash.
to throw the sezzle idea into the mix in the current position, is another unnecessary catalyst for zip.
this HY shows many reasons why funds and instos continue to avoid taking a position.
a take over is almost inevitable in my opinion.
do your own research, not investment advice
Ann: HY22 Results Update, page-70
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$1.60 |
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Mkt cap ! $1.791B | |||
| Open | High | Low | Value | Volume |
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