I've not posted on the stock before coz missed the early days,...

I've not posted on the stock before coz missed the early days, and I tend toward value investing so don't invest in stocks on large multiples of sales. However, just bought in because to me it looks really interesting at these levels.

$167m rev last quarter. Just extrapolating 5% growth per quarter over the next four quarters takes you to $757m sales in less than a year. That seems like a conservative assumption to me given the growth in the last 2 years and the acquired revenue of late. I'd expect higher than that. Anyway, in my view it is trading on 2x prospective revenue at worst, which for a stock growing revenue at very high comparable rates, exposure across a diverse range on international markets and a very large addressable market, that seems CHEAP, notwithstanding the challenge of new sources of competition. What did Block (Square) buy APT at: AUD $40b for what - less than $2b revenue (as I recall). The comparison doesn't stack up. Over 11% held short. This could easily be a takeover target any time at twice the current stock price or higher because there will be lots of international banks (and maybe event a domestic bank) looking to a. enhance growth through BNPL and b. protect their current market position by not being out of that market.

With 6m or so shares trading hands on days like this, it will take an awful lot to buy 165 million shares on market. Watch for some big short covering rallies coming