I can't believe how well this little company is holding up in NZ & UK, directly behind two massive giants of the industry, Afterpay & Klarna.
The performance since the IPO has been shocking for those investors but Laybuy in the 40c range is a bargain and their results show they are firing on all cylinders.
Is there anything to hate here in 40c range, compared to other rivals in NZ & UK? Any bank around the world or private equity would be wise to snap this up while they can around here.
Going forward from here, I think my LBY shares will seriously outperform both my Afterpay and Zip shares, even without a takeover/merger. Already has 40% of NZ and 3rd biggest player in the UK. All for just over $100M market cap. Bigger players will regret letting this little puppy grow and get away from them.
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