I am surprised Asx has not asked for further clarification give IOU said they had 0.3 quarter of cash left as at 31/3/22
It is now well pass 0.3 quarters later in early May now.
IOU would now be significantly scaling back any new bnpl loans to conserve cash in survival mode - until whatever deal they have been working on is disclosed.
Ann: March Quarterly Activities Report, page-355
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