Back to $AXX

Araxi sitting at R2.00 is interesting numbers given what's happening in fintech locally. African Resonance…by @nico_the_analyst on $AXX

NI
Nico van D.@nico_the_analyst·Neutral

Araxi sitting at R2.00 is interesting numbers given what's happening in fintech locally. African Resonance and Dashpay combined are processing decent transaction volumes but the real question is margins on those payments, fwiw. Could be wrong but if they can scale software services segment without diluting shareholders further, could have something here. Worth noting the rand weakness actually helps exporters in their ecosystem.

View