Delisting the kiss of death for small investors
ANALYSIS: Any benefits from Laybuy’s proposal to exit the ASX are unlikely to accrue to minority shareholders.
Laybuy, like others in the buy-now, pay-later sector, has seen its shares decimated on the ASX.
Shit happens sometimes but, even when things get bad enough to inspire a country and western song, it is possible, at least theoretically, to put a positive spin on it.
Sure, your dog died, your wife left you, the bank repossessed your house, and you lost your job – but look on the bright side.
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