Okay - promised to stay away, but seems thread is back on track. The announcement is great news. Access to 45,000 merchants online and 20,000 in-store merchants, but as of now we have none signed up. Don't get me wrong. This is a great announcement and in time we are going to show huge revenue growth from this, but I guess for some, having access doesn't necessarily translate to $$. I am positive it WILL translate to $$, but maybe the market needs to see that.
I imagine it's a bit like announcing signing up with ebay, but until merchants pick your form of payment to use, it doesn't add any dollars - and I am guessing a little, but I think that is why they deemed it not price sensitive (for now). Below is the reach of NTT data - I wrote about them a while back, but look at their reach below and imagine if we gain access to all these other entry points.
They have a huge presence. Our ANN end of April will have data up to end of March which will have all our soft launch figures. The ANN end of July is going to be the massive one. Hard launch of BNPL will have been going for 3 months and real revenues will be shown.
Today is a great announcment for all IOU holders. I know the stock price action today is disappointing, but just keep looking at the big picture. This BOD keeps on delivering. The pressure will build and BOTS or not we will be having a $1+ share price and a new $5 thread in the coming months. Just hold tight. Think of where we have come in the past 6 weeks. Do you remember?? We were $0.20. Let all the others keep shaking the tree. Just hold tight and I guarantee you at the end of each month, if you look back, the share price will have increased in our favour.
Just noticed that tree I have above doesn't list their Indonesian operations - so don;t forget to add that in
