Various tweets and PR by $WDI management increases my confidence in the "muddle through" scenario:
🔹Admit that "bad things" happened,
🔹but impact was not "material"
🔹and "it will not happen again".
Just yesterday MB officially started this narrative.
🔹Admit that "bad things" happened,
🔹but impact was not "material"
🔹and "it will not happen again".
Just yesterday MB officially started this narrative.
"Some market requirement" means that BAFIN and retail investor pressure is finally forcing some change.
Last Wednesday Eichelmann seemed to allow for "wrongdoing", but that it would not be "material", allowing MB to stay.
Last Wednesday Eichelmann seemed to allow for "wrongdoing", but that it would not be "material", allowing MB to stay.
I can now refine previous scenario:
🔹BAFIN role will be kept hidden while
🔹Eichelmann will take credit for forcing change,
🔹acting as supervisor of MB, much like Robyn Denholm is supposed to supervise @elonmusk
🔹BAFIN role will be kept hidden while
🔹Eichelmann will take credit for forcing change,
🔹acting as supervisor of MB, much like Robyn Denholm is supposed to supervise @elonmusk
None of this will make the likes of @mcamathematik go away of course, and $WDI will be cut off from the games with MCA and round-tripping.
How to sustain this low FCF business then?
The 2 bond issues won some time,
How to sustain this low FCF business then?
The 2 bond issues won some time,
Paying interest rate on @boon_official cash balances would attract deposits which would create illusion of lots of cash on hand short term.
Will be interesting to see if #Bafin will allow it!
Will be interesting to see if #Bafin will allow it!
It is like $TSLA fans putting down deposits for M3 or cybertruck: it pumps the stock and boosts current quarter financials.
An admission that #wirecard cannot compete on the product alone, just like $TSLA cannot compete on BEV / PHEV sales alone.
An admission that #wirecard cannot compete on the product alone, just like $TSLA cannot compete on BEV / PHEV sales alone.
