I have had a good read. It raises more questions than it answers.
The US BNPL Entry Plan is Keast's plan, and yet he has left the building. Posters on here run Keast down, yet love the plan.
Founding, how is this going to be achieved? OVT is hemorrhaging money and, by the last CR announcement, running out of ideas and is also under the ASX microscope.
US BNPL Entry this year is an absolute fantasy. The approval process is exhaustive, and the BNPL market in the US is overcrowded with small margins, and given the current climate, it is more likely that small players will start to fold in that market as investors leave.
OVT has yet to make any success, and yet they want us to believe they will for the first time in the hardest BNPL market in the world.
If they ever break into the US market (and I don't think that will ever happen), 3 to 5 years is a bit more of a realistic time frame.
I don't swallow any of this, and clearly, I am not alone, as the market feels the same.
Sorry if this is not what you want to hear. But look at it objectively, look at how they have conducted themselves over the last 6 months, do you really think these people can pull off?
DYOR
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I have had a good read. It raises more questions than it...
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Mkt cap ! $25.64M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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0.008 | 21603473 | 30 |
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