Abysmal sp performance today.
IF each part of the company were to be valued separately, they could 'easily' reach those valuations. BUT when mixed together, neither types of investors want to touch it so it will always have a huge discount. The more I see it, the more I feel like we are mixing Thai noodles with steak. Nobody will enjoy it and they better do a spinoff. Lending business with nice dividends, separated from high growth BNPLs. I'm sure they can figure out a structure to provide funding to the BNPL business from the lending profits. And each type of investors can value the businesses properly.
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Abysmal sp performance today.IF each part of the company were to...
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