If you’re focused solely on the share price, I can understand your (completely misguided) attitude.
For those of us with some intellect, we can see that the makings of what will be a great Australian story have been underway for quite some time. Building a business doesn’t happen overnight, especially one as unique as Spenda.
Fast forward 12 months, the $5m quarter is behind us, SwiftStatement is producing at least $18m revenue annually, probably much more imo, other projects with Capricorn are well underway, Spenda is operating in Singapore, Carpet Court SOE is almost complete capturing B2C revenue, Lessn is capturing payments of $20m a month.
Will you still be yelling into the void, shouting about how the company has “failed miserably” and that Mr Floate tells lies? Or will you do the honourable thing and admit you’ve been wrong all along? Admitting you are wrong takes courage. Admitting you’re wrong when evidence presents itself that contradicts your beliefs is an admirable and redeeming quality. Do you possess such qualities?
SPX Price at posting:
1.0¢ Sentiment: Buy Disclosure: Held
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