Pretty simple to answer that one. Cap buys in at a very low shareprice even though paying a small premium and just prior to rolling spenda out through its 26,000 members and 2000 suppliers.
That is going to bring in serious revenue for spenda from capricorn alone not to even start what sort of revenues will come from their supplier network.
SP goes up to match the revenue. Cap gets 420k per pip and a share of the profits they are bringing in.
Its not rocket science, pretty simple to see why its going to be a fantastic deal for both parties.
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Mkt cap ! $55.24M |
Open | High | Low | Value | Volume |
1.2¢ | 1.3¢ | 1.2¢ | $27.92K | 2.327M |
Buyers (Bids)
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---|---|---|
19 | 14816299 | 1.1¢ |
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Price($) | Vol. | No. |
---|---|---|
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19 | 14816299 | 0.011 |
19 | 6511465 | 0.010 |
10 | 4292884 | 0.009 |
4 | 10224931 | 0.008 |
3 | 5232562 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
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0.013 | 6633711 | 15 |
0.014 | 8482248 | 22 |
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