SPT 0.00% 7.5¢ splitit payments ltd

@tina25 noob investor please be quiet. What this is essentially...

  1. 804 Posts.
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    @tina25 noob investor please be quiet.

    What this is essentially is a massive cash injections at signficant premium to the last price. The cost is dilution ~33% goes to motive, the rest goes current shareholders.

    Positives:
    * The company surivies
    * actually has a chance to get to profitability and see how far it can grow (Imagine trying to sign up a merchant with SPT's current balance sheet)
    * Get connections of the private equity group who will help it grow it's business
    * You may get a chance to equity along the way via private equity secondary sale
    * Any exit will be done US multiples not AUS multiples which are much better

    Negatives
    * You are in a private equity investment and MAY not have liquidity for 4-5 years
    * That's it.

    IMO DYOR

    Last edited by Ronaldfc: 16/08/23
 
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Currently unlisted public company.

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