AC agree with you on M & A. The Chairman holds about 30% of FXL and if he does not want to sell there is no chance of a takeover.
With Rebecca James demonstrating early success I would imagine that the Chairman has a future share price in mind that starts with a 4
This virus will lead to rationalisation in BNPL and it really will be survival of the fittest. At least we know FXL was profitable and well funded before Covid-19 took off. We cannot say the same for many other competitors. Therefore it will be fascinating and instructive to see how this sector plays out. I note today that PMV has shut all of its stores for a month and Lovisa has shut the remainder of its stores until further notice.
I reckon when the world is ready for business to resume, that anything to do with saving money will take off and hence solar panel installations will boom. I also think people will celebrate getting their jobs back or getting back to their jobs with a present for self and that might be something largish that would be suited to many of the FXL BNPL payment methods.
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Last
71.0¢ |
Change
0.010(1.43%) |
Mkt cap ! $349.1M |
Open | High | Low | Value | Volume |
70.0¢ | 72.3¢ | 70.0¢ | $223.7K | 314.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 6756 | 70.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
71.0¢ | 5343 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 6756 | 0.700 |
2 | 6804 | 0.695 |
2 | 11011 | 0.690 |
1 | 42658 | 0.685 |
1 | 45000 | 0.675 |
Price($) | Vol. | No. |
---|---|---|
0.715 | 23692 | 2 |
0.720 | 7823 | 2 |
0.725 | 6714 | 1 |
0.745 | 15000 | 1 |
0.800 | 1658 | 2 |
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