Discussion about this post

User's avatar
South Sea Investing's avatar

Frankly, I think moving to New York is a bad idea. They should've reformed their corporate structure, and joined the FTSE 100. Indexation in London would give us much liquidity as moving to the US with their size. They could easily get lost among the tonnes of other publicly listed fintechs in the US, which wouldn't be the case as a FTSE 100 company in London

The FT looked into the myth that UK to US listing switches resulted in higher valuations. In most case valuations don't improve.

I hope I'm wrong, as I am a shareholder myself

Expand full comment
Rahul Mahindru's avatar

I love this company but I see it overvalued at this point. How are you justifying the upside on current valuation?

Expand full comment
2 more comments...

No posts