CI1 0.00% 11.0¢ credit intelligence ltd

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  1. 513 Posts.
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    I think its very valid that people are happy with these results. Revenues are down due to government stimulus. This was expected. Even with this impacting business, they still performed well. Share dilution is a valid point, but I prefer that, then taking out financing. The company can always buy back stock in the future when they are in a stronger position. The company has paid down a significant amount of debt aswell. Funding of the BNPL section would probably be done in slow stages to reduce risk. You might not be happy, but I certainly am.
  2. 3,323 Posts.
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    I think the point you were trying to make hinges on your assertion that a lot of funding is required to kick off BNPL. Others have suggested this as well.

    Can you explain your thinking on this. CI1 does not fund BNPL as far as I know. CI1 BNPL is specifically for business. Other fund providers do the funding and CI1 take a bit out of the middle.

    Is there something I am missing?

    GLTAH DYOR
 
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