Shareholders should be looking for the key triggers that will make SPLITIT a household name (not politics). 30.10.20 ANNOUNCEMENT expected quarterly release.
(i) EARNINGS: The market will buy SPLITIT if the earnings in the next quarterly increase more than 90% (YOY( year on year).
(ii) SALES GROWTH: The market is looking for a number for (MSV) Merchant Sales Volume of over 125% YOY.
(iii) QUARTERLY GROSS REVENUE: The market is looking for an increase of 185% YOY.
(iv) CONTINUED STRONG DEMAND from merchants: New merchants added to the pile.
(v) KEY APPOINTMENTS: Likely to be announced.
(vi) $100 MILLION EXPENDITURE OUTLINE: Board likely to be more specific on the use of funds raised.
(vii) WEBINAR: Explaining the updated info with an open avenue for shareholders to ask questions.
I expect that SPLITIT will SMASH my expectations on all levels.
If SPLITIT goes up 2 cents a day this month (on average), rubbing out the 2 cent traders, we will see $2.00 by the time the quarterly is released by the end of October.
Watch this space.
SPT Price at posting:
$1.40 Sentiment: Buy Disclosure: Held