It definitely could be an absolute bargain with the benefit of...

It definitely could be an absolute bargain with the benefit of hindsight in a year or two's time. Too much uncertainty though with inflation (with those concerns only being compounded based on what's going on in Europe).

That being said, they do say buy when others are fearful. The current sentiment looks like the polar opposite to what was going on just before it rocketed to $14. Every man and dog is passing by now declaring this thing is a dead duck. Growth is there. BNPL is not going away. Sort out the bad debts and deliver the synergies from SZL acquisition and things will start looking positive. Bad debts should start to sort out themselves as you grow more mature (good customers stay on, bad customers get kicked off).

Will always be swimming against the current though when inflation fears are so strong. Russia/Ukraine just adding fuel to the fire. No doubt though this one will turn around quickly but we need to see Jesus first (a decent earnings report). Everyone is now a doubting Thomas so can't see it turning around on faith alone and will likely contnue its downward trend (but how low can it go???). Worth a hold. But can't call it a buy. Where are interest rates going to be in 5 years time. That's the question.