It's just the beginning for Spenda!, page-154

That whole comment suggests that bankers are idiots and will consider SPX to be a BNPL company which its not.

It furthermore suggests bankers are idiots and will look at the SP which means bugger all in the scheme of things at present.

Bankers will however be keen to see the data on the cash that is being generated by the SPX's self funded DW facilitity and make projections based on that of the future potential of SPENDA moving forward.

As for the support at 3.0/3.2 and bottom drawer until breaking above 4c.. that could be seen as playing it safe. I think the time for playing it safe was 12 months ago, not on the cusp of breaking out.

Waiting for 3.0/3.2 to above 4c is kissing goodbye to 33%/25% which is nasty. Nothing wrong with chucking the shares in the bottom drawer and periodically chucking a few more on the pile if you ask me.