I guess they are not gaining any momentum on the auto loan front...

I guess they are not gaining any momentum on the auto loan front despite the booming second hand car market. Plus profit downgrade from last year. Consumer spending has been booming during covid and yet they failed to capitalise on it.

Yes online sales jump double digit growth. But that's coming from a low base. Few million sales is immaterial. It only highlights they are very slow to the game.

Big fund like Perpetual has grown tired of them not getting much return out of it. 1 c dividend is really meaningless considering 5 years of negative capital loss and no dividend and non stopped dilution.

Swing traders have already doubled their money from 10-15c low and don't see any catalyst in the next 6 months. They would lock in the gain just in case something pop up and the profit disappears.