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9.09%

1.0¢ spenda limited

1.7m of it is sign on money

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SuperTrumpy

6,651 Posts.

1073

22/12/23

15:08

Post #: 71593148
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Originally posted by 82Punter: ↑

It's contracted software and service fees.
They've announced this as the minimum as it is what Capricorn is obligated to pay under the service agreement.
It does not include any revenue to be generated from payments and/or lending, or from the adoption of any other Spenda products by any of the Capricorn network members.

If you genuinely believe that SPX won't even make $2m in revenue from this deal with Cap in the 2024 calendar year, then it's best you sell while you can as a fail of that scale will surely cause the SP to tank and your pizza money will swiftly become crying money IMO (not financial advice, just stating the bleeding obvious).

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1.7m of it is sign on money

SPX Price at posting: 1.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.0¢		Change -0.001(9.09%)		Mkt cap ! $43.24M

Open	High	Low	Value	Volume
1.1¢	1.1¢	1.0¢	$5.1K	464.0K

Buyers (Bids)

No.	Vol.	Price($)
4	3485264	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	4278966	10

View Market Depth

No.	Vol.	Price($)
4	3485264	0.010
12	6958947	0.009
15	10155191	0.008
10	6688719	0.007
6	3283500	0.006

Price($)	Vol.	No.
0.011	4278966	10
0.012	12305498	18
0.013	6319300	6
0.014	5607378	8
0.015	4747583	6

Last trade - 13.02pm 18/09/2024 (20 minute delay)

SPX (ASX) Chart