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

Next quarterly will be just as bad as the last. The one after...

First 42 Last

Share
Profile

Follow
street talk

11,142 Posts.

478

02/03/20

17:55

Post #: 43264130
Share

Originally posted by SellSellSell: ↑

Who uses money these days to buy things? Online transactions are the way to go now, everything is turning digital, therefore the more use\need for SPT payments in the future. This is a growing stock, the reason for the decline is obvious. 1: Everyone were acting on speculation that this stock is the next Afterpay or Zip & 2: this CoronaBug is killing the market, it has affected the world market. SPT will get there it is building and building and because it was early stages, the SP was way overpriced at the time.
Now that we have a ball figure with the latest report, the SP will only get better from here on as revenue will now start to increase. Yes 2m is not much in revenue, but the more merchants it can sign and partnerships, next will b 4m and 8m etc... climb and climb as the SP will and beaut thing is, no one can replicate SPT as there is a patent on their model which will make it a hot target for acquisition.

Expand

Next quarterly will be just as bad as the last. The one after that will be pathetic also. Rinse & repeat

SPT Price at posting: 47.0¢ Sentiment: Sell Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

RMX

Red Mountain Mining: record gold prices, two projects, two greenstone belts

GDC

Global Data Centres not clear on future operations after AirTrunk sale payout

YAL

Yancoal makes it into the ASX200 in latest S&P rebalance

CNB

Carnaby Resources hits copper at Mohawk, QLD

CBL

Control Bionics expands into UK and Irish markets with NeuroNode device

There are more pages in this discussion • 118 more messages in this thread...

First 42 Last

Add SPT (ASX) to my watchlist