SPT 0.00% 7.5¢ splitit payments ltd

Ann: Splitit obtains US$50 million commitment from Motive, page-167

  1. 2,270 Posts.
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    There is 0 chance of any substantial capital out of ASX for the next few years for speculative stocks.

    Where on ASX can 50mill be raised without shareholders being shafted. Not possible.

    Elsewhere for capital for what is a great piece of technology with many applications in payments is the best decision.

    And along with that obviously comes dilution as the pie gets bigger. Part of the game we are all subscribed to when punting on listed speculative stocks.

    This is not a BNPL play. Its a finance technology and the potential of the technology by big investors is being realised. They are not in it for a loss.

    All in my opinion.
 
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