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Sextant SA@sextant_za·Bearish
OPA sitting at R14.05 feels disconnected from what the AI credit decisioning actually does for underserved customers. Comparable fintechs like Capitec have built real moats on instant decisioning and scale, yet OPA's subscriber growth and arrears metrics don't reflect that same momentum. The tech is standalone great, but execution on the funding side is what separates a story from a business. Still watching the cash runway closely because if they crack distribution in the next two quarters, positioned perfectly for a rerating.