Its actually very good news and really well picked up by you!
Wirecard (DE) going up based on the fundamentals of the business still being ever-present.
The Australian/Nz arm that has been taken over was one of the better parts of wirecard, and its now owned exclusively by Change Financial at was it 5% of the value? remind me.
Looking forward to the financials end Jan 2021, but they won't be a surprise. They've already told us what to expect. But it seems the market doesn't believe that this company is actually cash flow neutral/positive. As opposed to the 4-6mill cashburn/year over the last few years.
Financials to set in concrete what we already know... but what the market wants to 'see it before they believe it'
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- CCA Change Financial Completes Acquisition Of Wirecard NZ & Australia
Its actually very good news and really well picked up by...
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