FINABLR IS FINABLR SAID TO WEIGH STRATEGIC OPTIONS AFTER STOCK PLUNGE5 Mar 2020 20:27
KOH - Travelex was bought at a premium by Shetty and enterprise value was significantly less than £1bn. Anyone in the industry knows lines of credit for all Finablr companies are massively under pressure right now and this is seriously affecting their growth potential. We all hope they find a way through this. However, right now institutional investors are deserting this - ask yourself what do they know that you don’t. If you are confident a white knight will enter stage left then stick with the stock; If you are not - then be prepared for the market to take this lower.