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Ann: Appendix 4C and Quarterly Update, page-30

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MattNiss

64 Posts.

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29/10/19

11:53

Post #: 41119316
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Originally posted by street talk: ↑

How this is worth $300M shows the irrational exuberance in today’s market.

The growth is pathetic for a BNPL provider.

So the self funding model that seems to be in place now chewed up $4.4M of cash. Does this mean SPT is taking on the risk now as I couldn’t see the accompanying announcement they are referring to (Mainly due to cash used to self-funding of merchants. Please see the announcement accompanying this Appendix 4C for further details.)?

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This will be another pump and dump, absolutely no way it is worth its current market cap.

SPT Price at posting: $1.10 Sentiment: None Disclosure: Not Held
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0 Great analysis

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