SPX 10.0% 1.1¢ spenda limited

Bottom is in. Get ready for SPENDA to bounce!, page-1643

  1. 21,550 Posts.
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    @Turnthepage3

    Imo - you should buy more if you believe the story of rewards and SOI growth

    20% drop today at these levels says it all



    $50m or in Capital Raises since 2021
    and still negative cashflows

    Revenues generated will never exceed expenses imo

    All acquisition's have resulted in increased cash burn - staff and admin increases

    Pure SOI and rewards entity

    Does not meet one of the criteria's for ASX tech index

    No fund managers or institutional investors will ever buy in a lifestyle company - hence dropped over 50% since early February after Capricorn buy in

    imo
    Last edited by Merchant2000: 16/08/24
 
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