I have no special insight or inside knowledge, but wouldn’t be surprised if WL doesn't come until February. There are only 4 WL operators that have authorisations from RBI and 2 are due for expiry/ renewal this year.
https://m.rbi.org.in//Scripts/PublicationsView.aspx?id=12043
I also don't think WL will have a big impact on share price as most holders/prospective holders would have priced it in.
I do share optimism on FND, but my time frame is more like 3 years with the endgame being Indian IPO or an earlier (but less accretive) buyout from a competitor.
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Last
$2.82 |
Change
-0.220(7.24%) |
Mkt cap ! $137.6M |
Open | High | Low | Value | Volume |
$3.15 | $3.15 | $2.81 | $615.5K | 211.9K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 25791 | $2.82 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.87 | 444 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 25791 | 2.820 |
2 | 11000 | 2.810 |
4 | 12640 | 2.800 |
1 | 200 | 2.750 |
1 | 5000 | 2.730 |
Price($) | Vol. | No. |
---|---|---|
2.870 | 444 | 1 |
2.890 | 3340 | 1 |
3.030 | 6000 | 1 |
3.070 | 16200 | 1 |
3.080 | 24140 | 2 |
Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$2.82 |
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Change
-0.220 ( 8.18 %) |
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Open | High | Low | Volume | ||
$3.06 | $3.06 | $2.81 | 20377 | ||
Last updated 15.59pm 10/05/2024 ? |
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