agree pre Mastercard it was still unable to get past the knock on foundation bank stigma. That is removed now as Mastercard would not have signed a deal unless they did the DD on this. The de risk has already happened. This also shows confidence that in the background they are working these Mastercard discussions would of surely been over a long period of time.
Investors want that blind freedy moment and maybe it is confirmation of MSA followed by statement of work. People wait it is too late in the sense the price would of run well north of 40 if not 50. Again putting an exact price on this is so challenging as unable to know how many businneses they sign. But the MSA does mean these deals can be done faster which will support price.
Im still of the view a strategic investor is sitting in the background who will back this and assist in the growth globally. Time will tell alternatively happy to top up with a cap raise. Normally a move like that supports the price you look at many small caps that get a sophisticated investor in look at kyk and richard white wisetech
