What I also find interesting is that Axiata is a GLC(government linked company) with it's parent company Khazanah Nasional so they have a controlling interest in it. So stronger chance of a DBL going to Axiata and RHB Bank consortium.
IDSB - Government employee loans. Loans through a DBL with governement ties and RHB who are in Singapore as well as Malaysia makes sense to me as they speak of cross selling in youtube interviews.
RHB Bank - Money, potential for the funding facility for the IOU BNPL division. Also in Singapore so can aid SEA Expansion. In turn they might also being eyeing off the amount on the IDSB book and can potentially increase there too.
Mobile Banking Division - 31st Jan report stated improved upgraded infrastucture of greater capacity is ready to accomodate anticipated further growth in transaction volumes. Could this be getting ready for DBL transactions?Who knows.
Unfortunately on the ASX they are tarred with the same brush as other BNPL companies by the gamblers with their $500-$1000 who get their financial advice off Facebook and HC and think their going to catch a rocket to the moon.
Lack of comms keeps the share price from the attention of the pump n dump crowds so when their ready to take their foot off the brake and release some goodness and slip this stock a viagra to get it up and stay up so they can ultimately reap the rewards of those performance shares thay have in their sights.
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