This was strategy clearly detailed in their prospectus, and was front and centre in the chairman's letter.. "There remain significant opportunities in continuing the Company’s local market growth along with the potential to broaden into new sectors, to expand upon the recent entry into the United Kingdom, and to further leverage the proprietary capabilities of Openpay’s platform, particularly in entering new sectors with a beneficial customer profile and developing a B2B payments solution with a capital light SaaS (software-as-a-service) model."
Why wouldn't you look to monetise the technology they have built with another business line. It must be of some use if someone the size of Woolworths is the first to take it on.
OPY Price at posting:
$1.20 Sentiment: Hold Disclosure: Held
