My thoughts are that someone big will buy them out. You are right in that the negative cashflow is unsustainable in the long term. However they have a very advanced technology and continue to advance that no credit card company has their technology. They are already partnered with VISA which hopefully will continue to progress further and maybe they will buy them out.
There is a lot of unknowns about the future direction of the company but with the ceo and two directors buying up on the market recently highlights something big is happening or going to happen.
it’s an interesting stock and you can tell by the posts of holders that we are here for the long term believing this technology will become the norm of the future.
what is sustainable is there business model of not taking on risk. Compared to other BNPL players who are in a lot of uncertainty of how big their debt will be from those made unemployed who can’t pay their BNPL debt. So that’s another factor of in the future what kind of BNPL companies will be around.
- Forums
- ASX - By Stock
- SPT
- Ann: Quarterly Report (Appendix 4C)
Ann: Quarterly Report (Appendix 4C), page-50
-
- There are more pages in this discussion • 103 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)