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lsk sitting at R81.25 but payments division margins got squeezed last quarter, tougher than expected. merch…by @tsquared_jse on $LSK

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tsquared@tsquared_jse·Bearish

lsk sitting at R81.25 but payments division margins got squeezed last quarter, tougher than expected. merchant acquiring competitive as hell right now, fintechs everywhere. if they can't grow revenue faster than their costs are climbing they're gonna struggle to justify the price, feel like we're waiting for a catalyst that isn't coming.

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