SPX 0.00% 1.0¢ spenda limited

Bottom is in. Get ready for SPENDA to bounce!, page-1617

  1. 658 Posts.
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    HC is open to all i think, thus I don't control what is said to others.

    Also I was at work so couldn't reply to you.

    Can't help you with graphs on this as I used what was in a 4c and they didn't have the type you want unless I missed something?

    But I looked back to 2020 and seen that the costs went from a few hundred thousand to a million a quarter and now Spenda cost to run is higher again.

    Assuming a lot more costs after limepay is in.

    So costs are increasing yet we do have revenue growth too.

    ASX Stock Linius code: LNU is in a multi week suspension as the company is trying to raise funds.

    I had that around the same time as CRO and held for ages & I finally sold at a loss just before the worst price occurred.

    What I seen was they was starting to need capital raises a lot and I think they did 3 in a year. They had a quarter running cost of over 1m on 200k income.

    Most re recent 4c said they had 0.23 of a quarter of running left.

    where as Spenda was 9 quarters of running left.

    LNU in two years only doubled from 100k to 200k revenue but Spenda has far larger revenue to offset the quarter than them.


    Sorry that I don't have the skill set to better lay out 4c information and or interpret them correctly...

    So at least for me SPX seems like it has a decent chance to be great business and its tech is really something useful.

    Cheers



 
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