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5.08%

5.6¢ spirit technology solutions ltd

"This is how it played out at Tesserent and we appear to be...

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jravanti

751 Posts.

46

28/08/24

11:56

Post #: 75412426
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Originally posted by Hamish001: ↑

It was always coming back to 5.3c as soon as they announced the retail offer at that price. Unlikely you'll see it drift substantially one way or the other until the offer closes. Hopefully we'll see some positive SP growth driven by entry of new funds and people entering from the sidelines based on business fundamentals in a couple of weeks once the offer expires.

Very high-level back of an envelope calcs suggest a market cap in excess of $100m (7-8c SP) based on forecast $11m EBITDA less debt at a multiple of say 10-12 x

If the firm performs strongly over the next couple of quarters and/or continues to acquire accretive earnings at 4-6x (which is my hope) then we should see significantly better SP growth.

This is how it played out at Tesserent and we appear to be going down the same path.

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"This is how it played out at Tesserent and we appear to be going down the same path."

Which i lost money on!
EEEEK.
Any-who , Lets watch and wait.

ST1 Price at posting: 5.3¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 5.6¢		Change -0.003(5.08%)		Mkt cap ! $104.8M

Open	High	Low	Value	Volume
5.6¢	5.6¢	5.6¢	$11.2K	200K

Buyers (Bids)

No.	Vol.	Price($)
1	20762	5.5¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	145942	2

View Market Depth

No.	Vol.	Price($)
1	20762	0.055
2	296500	0.054
1	50534	0.052
3	70000	0.050
1	97800	0.046

Price($)	Vol.	No.
0.060	145942	2
0.061	200000	1
0.063	30000	1
0.064	7248	1
0.075	400000	1

Last trade - 10.20am 04/10/2024 (20 minute delay)

ST1 (ASX) Chart