It appears now that the proposed US listing was designed to secure a buyer (like AfterPay did).
The lack of buyers stepping in now (even though Sezzle is a fraction of the value it was months back) is concerning in my view.
Now that $2.70’s has failed, next possible stops, $2.03 then $1.52 and both these fail then hard for me to say this… Back to the covid lows $0.37.
I have learnt that nothing surprises me anymore with the markets and ultimately businesses will be valued on their real metrics - In this case, Sezzle is still loss making and may continue to loss money in the foreseeable future.
Add to My Watchlist
What is My Watchlist?