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'
CCA Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
