The sector is no longer the golden child.
A quick 5 mins looking at ASX300 companies performance the last 3 months and you will find the “I want to be a millionaire” money has moved on to pastures new.
Thats not to say BNPL is dead and buried, far from it, but I think announcements will be expected to contain a bit more meat than wishy washy details.
If there is a peer announcement that is non to flash prior to an SPT update that will be a signal on which to act.
On another point, the lack of any kind of new substantial holder is a sign that there is no serious Insto accumulation at the moment, they are waiting for much better detail and direction from Management.
The heat is seriously on for the next announcement.
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