Too early to say if this is the end, a good company can always evolve and survive- which is what VISA is doing.
Definitely not looking good that’s for sure. It is evident that VISA came up with this specifically to deal with the BNPL competition. Safe to say, MasterCard and/or Amex may even join the party. I’ll bet they are seriously considering it anyway.
If all of them do, it will definitely wipe out most if not all unique selling point SPT currently has. Can they change in time to survive... I’ll be holding my breathe if I were a holder. I have been watching, waiting to see if it will drop below $0.60 and will consider getting in. Now I won’t be interested till much lower.
Serious GLTAH
SPT Price at posting:
63.0¢ Sentiment: Sell Disclosure: Not Held
