Loopup Group Share Price (LOOP)

I just heard today that they have undertaken their 3rd round of mass redundancies in 2 years, this time entire teams were culled. The FCA should really be investigating the behaviour of the "co" CEO's here as you surely cant be allowed to entirely drive a company into the ground this hard while making out like bandits yourself ?

I don't understand the Loop Up strategy ? They are selling Operator Connect which is the "lowest of the low" value proposition in the MS Teams communication stack. Sell cheap, stack it high, Its simple to deliver and relatively low barrier to entry. The whole one supplier internationally is not difficult to do (either directly or through a partner) No money in it really and lots of competition. Where the money is in in the added value services. Contact Centre, Advanced integration, Compliance etc - all added value services (and SaaS software) that you need when migrating over to Operator Connect from something else. If you look at competition like 8x8, Conversant Technology etc they are growing but make no reference to Global PSTN calling for Teams, that's because its pretty much a given and not something I would look to grow a business on. (and before you ask, Yes I have shares and have done for a while - wish I didn't but hey ho !)

Online is tight 2.2-2.32p

Up 17%😳. 17% spread😤…….. smoke and mirrors. As is everything to do with Loop. B

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