Although there has been criticism of buy now, pay later finance Australia-based provider Afterpay continues to go from strength to strength. That is good news for ThinkSmart (LON: TSL) which retains a residual stake in the UK-based Clearpay, which it sold to Afterpay. This is the main source of value for the shares and the stake has significantly increased in value.
There was a 10% stake retained in Clearpay, but employees will receive some of the shares, so the net stake is 6.5%. The stake ...
You are unauthorized to view this page.
Andrew Hore
Andrew Hore is the publisher of AIM Journal, which is an online monthly publication covering the Alternative Investment Market.