OVT 0.00% 0.3¢ ovanti limited

$1 Club, page-24

  1. 1,744 Posts.
    lightbulb Created with Sketch. 2058
    Here's something to ponder. Just read an article that said the following
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    In Australia, the Buy Now, Pay Later (BNPL) market continues to boom amidst the COVID-19 pandemic as consumers flock to online sales. Around 30 per cent of Australians have an account with a BNPL provider, equivalent to 5.8 million people.
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    Imagine even a quarter of that percentage (7.5%) for IOU in Malaysia and Indonesia - that would make for 22,500,000 clients. Could you imagine if we got that sort of penetration what the stock could be. Obviously a lot of work to get there, but makes you think.
 
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