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7.5¢ splitit payments ltd

end of fy report will be out in next 10 days, interested to know...

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thorndog

996 Posts.

191

17/07/20

12:19

Post #: 45934464
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Originally posted by Pineslol: ↑

There's no need to constantly comment, especially if you're targetting to hold 1-2 years. Holders bought for a reason (fundamental or technical) and will sell if their view changes. Unfortunately there are a lot of gamblers out there that pump and dump the markets, not know what they're buying or selling.

The BNPL appears to be down based on coronavirus fears and potentially lower spending if government support is reduced or removed.

This compounds with increasing bad debt as seen in other BNPL quarterly reports. However, SPT's model is less susceptible to that.

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end of fy report will be out in next 10 days, interested to know their spend last qtr and how it's held up to other qtrs as well as what cash flow remains, that'll be my trigger to buy back in or leave it.

I expect last qtr to be much higher than others too

SPT Price at posting: $1.42 Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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