SPX 0.00% 0.9¢ spenda limited

Hey Mondy, although SPX didn't do 1m a quarter exactly, and its...

  1. 142 Posts.
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    Hey Mondy, although SPX didn't do 1m a quarter exactly, and its currently about 500k~ with just Revenue ATM,
    One could argue that the average per quarter earnings is now 1m at the EOFY (1m X4 ect) when all income is calculated.

    but again, the operational loss needs to be addressed in a harsh and in a timely manor.
    ____

    https://hotcopper.com.au/data/attachments/4650/4650389-6c69e28326ef99779142b50bcde3c43e.jpg
    ____

    lets just keep to the numbers and see how they go with the additional interest they will receive at 50m,
    As I personally believe Spenda within the current market rates atmosphere,

    SPX could raise the currently leased on going loan facility's interest to clients with all the RBA announcements and bank interest shifts going on without to much discourse to their business clients.

    if they go down to worst case numbers of RBA rates, I recon about (3-4%) that's still a 1.5~2m income on the intrest facility alone.

    most commercial income loans start at 8% so 1M of revenue per quarter moving forward may be entirely possible now on interest alone...
    that is if,
    if all Business clientele remain afloat with repayments, remain loyal(no refinance) and there's no defaults for the entire year...

    Cheers!

 
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