So you have a company short of capital with an unprofitable business model. Regulators in the 2 continents the business operates in are primed to crack down on lending activity, fees and late fees. The RBA in Australia is hellbent on dismantling the restrictive contracts the industry forces in merchants. The industry is being crippled by rising costs of borrowing which show no signs of abating and central banks are trying their hardest to force a shutdown of spending to kill off inflation. There's more, but if you think the business has any future, I say you're optimistic.
As for SP predictions, nothing to do with me. Never have, never will. But I will comment on the quality and viability of the business - none there. And if you think I'm a moderator, go complain to the moderators
So you have a company short of capital with an unprofitable...
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$1.36 |
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Mkt cap ! $1.532B | |||
| Open | High | Low | Value | Volume |
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