Australia's largest stock trading and investment forum Australia's #1 stock forum

SPT

Click for more information

0.00%

7.5¢ splitit payments ltd

Simple as it gets really.All down to individual investment...

First 168 Last

Share
Profile

Follow
Treba

2,268 Posts.

579

17/08/23

09:10

Post #: 69386597
Share

Originally posted by CDO22: ↑

I know a bit about Motive and think it is a very strong operator and extremely well connected in the US and Europe. So +1 for that. I am not a holder and have only been trading/speculating on this stock. I did think about buying shares to participate in this new private enterprise, but I think they are now too subordinated and you have to hope for 1) a really big success such that an exit is north of A$400mio to be worth spending any capital for 3-5 years (see earlier posts about "breakeven") and 2) that the future governance will be respectful of the ex ASX shareholders such that there is no further subordination. I am fine with more dilution as it is likely to happen if the company is successful. But more subordination just wipes out these shares. So it's a no for me. But very interesting move for sure.

Expand

Simple as it gets really.

All down to individual investment timeframes, liquidity requirements and risk reward appetites.

No one is the same.

SPT Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

There are more pages in this discussion • 190 more messages in this thread...

First 168 Last

Add SPT (ASX) to my watchlist