SPT splitit payments ltd

Splitit prepares $100m deal backed by mystery US fund manager, page-46

  1. 1,863 Posts.
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    So what's the theme - if this US fund manager throws $100m at SPT will other retail traders feel left out so they will start to want to buy the shares? OpenPay raised $33m and its share price jumped from $1.3 to $4.2 in a month. Does this hypothetically mean $100m/$33m is 3 times the growth of OpenPay growth$4.2-$1.3($2.9) which means the SPT share price will rise from $1.36 + ($2.9x3) = $10

    All I can say is it will be an interesting next 4 weeks.

    IMO DYOR
 
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