Look at it this way Kev (and others)
They had 50 million dollars.
In 1 year, they've put around half of that into BNPL, and *in 1 year* it's growing and not losing money.
You can therefore assume fairly reasonably that they probably know what they're doing, and they probably made a good decision investing in IDSB.
Let's also compare other BNPLs in their infancy.
Compare to Apays first year being public
https://www.asx.com.au/asxpdf/20160825/pdf/439m2kgkdkbcjw.pdf
Their IPO was at a buck and they were performing basically identically to IOU now.
About 5 million in quarterly sales with about the same number of customers.
>What is the actual F the company is doing if this has been a marketing exercise
Buying IDSB. It's not done yet, is it?
- Forums
- ASX - By Stock
- OVT
- Ann: IOU Provides Mid June Quarter Update on BNPL Business
Ann: IOU Provides Mid June Quarter Update on BNPL Business, page-101
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OVT (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.960M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $8 | 2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 2227653 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 9931971 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 2227653 | 0.004 |
43 | 21801429 | 0.003 |
18 | 21035333 | 0.002 |
17 | 42490073 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 8931971 | 17 |
0.006 | 3902302 | 7 |
0.007 | 3730864 | 13 |
0.008 | 6562485 | 14 |
0.009 | 3163000 | 8 |
Last trade - 12.54pm 02/08/2024 (20 minute delay) ? |
Featured News
OVT (ASX) Chart |