The major concern I have is the "expanding uptake of paying users". My issue is their is no background check on the availability to repay these debts, regardless of how small. Economy is going to be horrendous next 12 - 18 months, how many people just walk away from their debts? Is it viable to chase repayments if they decide not to repay? Do they just go from one BNPL provider to the next piling on bad debt? Will be very interesting to see once the stimulus ends. Agree with your statement, one must make hay once the sun shines, just don't be the last one left standing to turn out the light.
I have sold 80 percent of my stock, done very well off it, could have done better.
Think we might get the next decent pull back this week. See how this trends if the bottom falls out of the market.
Happy trading all!
APT Price at posting:
$58.69 Sentiment: None Disclosure: Held
