wrcmad
Great news securing $50m in DW
Tomorrow another interest rise and again next month
Lending to businesses and customers looks like the way forward after todays great news
So many Fintechs have suffered huge bad debts on DW lending as interest rates are relatively high risk and businesses etc have not been able to secure funds from the big 4 banks
Valuation of SPX imo will not be at 20 times revenues like now at 1.3c
Finishing on the low of the day - is not a good sign with only $400k of trades dropping market cap by over 23%
Some here stated a $20m revenue quarter was not far off - seems they got it wrong again
DYOR and IMO
Ann: Spenda secures $50m debt warehouse facility, page-92
Add SPX (ASX) to my watchlist
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $46.03M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $12.83K | 1.192M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 9296062 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 2120991 | 5 |
View Market Depth
| Last trade - 15.44pm 01/11/2024 (20 minute delay) ? |
| SPX (ASX) Chart |