They have more than enough operating capital for 12 months and more with the significant increase in revenue coming after launch. I think they would look elsewhere to secure funds that would help increase revenue, especially with such a great relationship with the central bank of the Philippines and a mutual goal of converting the unbanked.
They in prime position to capitalise on an untapped market.
PIL Price at posting:
1.5¢ Sentiment: Buy Disclosure: Held
