Afterpay has provided a clear model for success... and Flexigroup just can't compete if they're doing credit checks on every customer. Look at their average retailer using Humm... they focus on solar systems, appliances and dental procedures. It's an old model and just as likely to be targeted with fraudulent transactions/default, due to the higher purchase value.
They need to throw out the credit checks on one BNPL brand (Flexipay?) and lower the maximum purchase. Build their own database for fraud detection.
Afterpay has provided a clear model for success... and...
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Last
44.5¢ |
Change
-0.005(1.11%) |
Mkt cap ! $227.5M | |||
| Open | High | Low | Value | Volume |
| 44.5¢ | 46.0¢ | 44.5¢ | $80.00K | 177.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 34995 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 47491 | 2 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
45.0¢ |
Change
-0.005 ( 1.12 %) |
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| Open | High | Low | Volume | ||
| 44.5¢ | 45.5¢ | 44.5¢ | 34176 | ||
| Last updated 15.54pm 06/05/2024 ? | |||||
| HUM (ASX) Chart |