https://www.********.au/2021/12/06/why-did-asx-bnpl-shares-get-hammered-today/
As much as I don't like the motley fool this article will give you an idea of why the BNPL market dropped today. Experts are warning that these services are being used mostly by those suffering from financial hardship resulting in accumulated debt.
unfortunately CRO has been painted with the same brush as the rest and copped a further beating of it's SP. The "experts" have asked for further regulations to protect consumers from further debt.
The difference between CRO and the rest is that even though it is only one small part of our capabilities the BNPL aspect is mainly aimed at businesses not retail consumers. Businesses ordering stock will definitely have a better chance of paying back from their profits than John Citizen buying his niece the bike she wanted for Christmas.
imo
- Forums
- ASX - By Stock
- it's just the beginning for Cirralto!
https://www.********.au/2021/12/06/why-did-asx-bnpl-shares-get-ha...
-
- There are more pages in this discussion • 1,908 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $46.03M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $32.09K | 2.922M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 7457325 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 1759381 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 7457325 | 0.010 |
15 | 5925838 | 0.009 |
10 | 5358248 | 0.008 |
6 | 6232562 | 0.007 |
8 | 3397420 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 1759381 | 2 |
0.012 | 5670492 | 11 |
0.013 | 9242645 | 10 |
0.014 | 8389378 | 13 |
0.015 | 7363083 | 7 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
Featured News
SPX (ASX) Chart |