It's just the beginning for Spenda!, page-2686

I have to say NOW that I agree with you objectively on that. I do not think that deception is too harsh a word to describe what has been going down for over 18 months. Smoke and mirrors. If I remember correctly you may have been one of the early naysayers who copped a pasting from many of us but i believe it was Silent Bubbles who came up with a less than flattering quantitative assessment about the real numbers. The real bottom line that has been shown to shareholders in the last two quarterlies for March21 and Dec20. Geez he hated the go kart team bonding with a passion. Turns out his underlying cynicism was on the money. Again. The fintech sector prior to that was going bunta with many stocks doing what SPX was doing. You/we all know the ones. I held about three of them at the time. SPX probably wasn't alone in over promising and under delivering but it's all about perception at the end of the day. Character assessment. Business assessment. I certainly would be keen at the share price I mentioned but who knows what will happen. Share prices of many companies certainly do not rise if a crucial ingredient to their success does not materialise in the time frames that mentioned. Further to that, the anticipation of growth within this ingredient put to shareholders to keep the faith in the following three months is risky. I speak of the Debt warehouse of course. If that somehow covers costs then the current share price is a great price. I hope rewards truly come to the long suffering here but hoping and praying doesn't help much when you dealing with cold hard cash. The experience here has certainly been replicated in the penny dreadful mining sector and AUZ springs to mind. For those following that one, the Bennie Bell London tour was such a sellout that ASIC wants a replay. They(AUZ) promised this, they promised that and there are certain parallels with both CEO's modus operandi. And before anyone bags me for being one of their cheerleaders, it's all about entry timing. When I got into AUZ it was in the 1.4c to 2.5c marks and i built up an eight figure holding. As the price rises of course you support the company and management provided there were no glowing worries. Same with CRO. They had a great ride from 1.2cents to 12 cents. Ten bhags my friends. And there was reasons for that because Mastercard were on. Isn't that what we were told ? They would be few other hole digging ASX pennys that pumped up their own tyres as well. The market does what the market does and sends a lot of companies valuations sky high but when the hangover ends because of various factors the hangovers tend to stay around for much longer than anyone wants. So what is the fail safe plan moving forward. When you four bhag, sell your cost base so you sleep at night. When it seven bhags, sell another quarter and leave the remaining half. Seems so easy. Now could it happen to SPX at 0.8c as your cost base where at 5.6cents you'd be free carrying and still holding half of your initial purchase? I reckon it could happen if things get delivered. And the obvious turnaround is there even if Adrian is still running the show. Wrcmad might even change his name to Kalle Rovenpera.