SPT splitit payments ltd

Splitit Ltd FY24 Results, page-57

  1. 1,847 Posts.
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    Looking back at 2024 at what decisions Splitit made behind closed doors that we can now see.


    They decided to never publish MSV across any of the months.


    Motive partners helped them half the sales cycle to gain new merchants. They decided to keep quiet on telling us about any new merchants.


    They decided to park Splitit on Primary Markets all year with a trading halt.

    No announcement on which initial banks have been partnered with Splitit that make-up the 50 banks to come onboard by May25.


    This all started when partnering with Motive who do things by stealth. Very different from previous years.

    Maybe / assuming that Motive were behind allegedly, secretly reducing the SPT share price (stealth mode again), whilst on the ASX, as they wanted to purchase the company cheaply. They had good reason to lower the share price to 28c and then take it over.


    This is all IMO.

 
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