With all due respect financials don't really matter in this instance.
It's a fintech business with huge growth potential approaching the USA as a matter of priority in partnership with Mastercard.
All future growth and opportunity is being priced into the market now, clearly. As you mention based on fundamentals it's worth less than a bag of chips but unfortunately that's not how the game is played.
Good management, good strategy, good growth potential = Increased share price.
Value, page-5
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