Howdy Mr Learner
I would second that opinion based on what we saw with the wipe out of most of the BNPL players after the covid online spree came to a screeching halt when the govt hand splashouts stopped and interest rates started to go up (I lost 95 percent of my ZIP investment pretty quickly)
as well as which, logically and to your point about the product PER is developing, whislt ppl will zip up their wallets when they suddenly cant afford discretionary or luxury items, elderly and ageing ppl cant, or at least, shouldnt stop taking medication that keeps them alive or well, (although current cost of living levels are sadly resulting in just this).
so I dont expect PER to be impacted to the same degree as retail.... our success should be less independent of rates vs trial success (acknowledging fully though that rates have an obvious commercial imapct on any business with loans etc,.and the fact that rates, by reducing investor discretionary funds, can logically reduce money that may otherwise be available for investing or a CR)
i wish i had had a spare grand or two sitting around when we hit 6.3 c 2 days ago.. i had a feeling it was a good gap to fill.
fingers crossed .... time is a ticking
dave
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Howdy Mr LearnerI would second that opinion based on what we saw...
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Price($) | Vol. | No. |
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