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7.5¢ splitit payments ltd

Yeah more or less, faith and knowledge a private equity group...

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Ronaldfc

804 Posts.

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16/08/23

11:27

Post #: 69367068
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Originally posted by Growme84: ↑

so when they go private, and those of us who do not sell, will retain the amount of shares we still own BUT we go on faith that this company does very well in the future
do we have to list on the NASDAQ or other index?, or is it as simple as just hold and wait it out (even if it is for 5 or so more years?)

PS: I am also a bit confused as to what happens if we continue to hold and do nothing

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Yeah more or less, faith and knowledge a private equity group who is willing to throw in 50m knows what they are doing.

As for exit, no idea, they might look to list NASDAQ or do private sale.... Whatever will get them best val is logical bet.

IMO DYOR etc etc

SPT Price at posting: 8.6¢ Sentiment: Buy Disclosure: Held
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