I love when the shorters come in ! As soon as you hear people posting words like smashed and messy without anything to back it up and without any sentiment It’s difficult to understand the exact reasoning. The LBY company is growing as the others in the BNPL space and the UK is big enough for multiple players. PayPal will focus on the US and it’s their second attempt as they trialled before. The LBY operators are growing the company quite fast compared to their peers such as Openpay and are seriously invested hence they moved to the UK to focus the on the operation. There will be a few speed humps along the way in the space but overall it’s a better business that many others in the same BNPL space. Just take a look at the man city vertical strategy rather than focus on pure retail merchandise operators... and I expect more like that to come from them ...and look who’s in the top 20... the Wilsons are very smart .. follow the smart money.
LBY Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
