it’s currently worth $2-3 a share so directors unlikely to let go below that level. It will soon become evident to the punter that these guys are providing access to existing credit NOT new credit like all the other BNPL participants so they will be in significant demand soon when the market sees how all the work starts to produce MSV and revenue growth from this quarter. Don’t forget the business is only two years into its public life and needs time to build out its strategy. I expect it is a long way ahead of the original plan and as a result shareholders need to realise what is developing and the improvement in value the company has been building.
SPT Price at posting:
53.0¢ Sentiment: Buy Disclosure: Held
