Last breath Dead Cat bounce or has this sucker still got some life in it somewhere
probably as another player's breakfast ?
$1.70 odd in Sep 2020 - now limping along at 1/20th of that bouncing on the small rocks along the path -what are the spare desks in the storeroom worth ?
Another bit of a bounce today. At least they confirmed there is nothing to see here. Still exiting the UK. How many million $$ was wasted on that adventure??!!
what happens when the guts drops out of the sector again ?
I think I'll wait until some of these players become low priced roadkill again before looking
You can’t control the sector. But it’s good to read laybuy will be profitable group wide by Q4. I think all BNPL entities need to get thier house in order asap in terms of profitability. The handouts game is over when you have the likes of Apple coming.
Delisting from ASX apparently: >the trading halt is requested pending an announcement by Laybuy in relation to an application tobe removed from the official list of ASX (Announcement);
Most likely delisting in order to reduce costs in which case this is a precursor to a shareholder vote announcement. Other possibility is that there's a take private offer, but you wouldn't announce the de-listing first, you'd announce the offer after which a de-listing is a consequence. Even if they'd hit the wall it would be appointment of receivers following which a de-listing would be a potential outcome.
Bookmarks