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7.5¢ splitit payments ltd

Thank you Tina, the trouble I have is that I am unable to...

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Tekvest

9,767 Posts.

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15/08/23

21:31

Post #: 69356496
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Originally posted by tina25: ↑

Hi Tekvest, I see you have done your research, just like Vamos when he is motivated. SPT has some really good assets, some good market penetration and a lot of irons in the fire. What it doesn't have is funding and critical mass.

The larger well funded player would take the worthwhile assets and market connected white label platform, fund the best parts and discard the unlikely and mostly unsuccessful other plays.

It would be a great add on to a much better name in the marketplace in a logical financial link up that adds value. Pretty simple if you can apply this to a world market. The other large investors in SPT would just enjoy the upside. Other small shareholders would not do so well and get diluted.

Watch This Space.

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Thank you Tina, the trouble I have is that I am unable to identify the valuable portion. I think Splitit has marketed itself very well, as best as it could in the past several years, but the use of it is dependent upon merchants paying for it, which IMO is why it has not taken off and has little chance. I may be wrong.

SPT Price at posting: 7.6¢ Sentiment: None Disclosure: Not Held
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