This business was always going to be acquired, looking at webinars you could tell that AF was building a product to sell.My assumption in 2021 was that he was going to scale it enough for Mastercard and Visa to buy in, Mastercard has already bought a couple of Fintechs from South America, Africa and Middle East, but they were not publicly listed companies.Also not just Capricorn but it helps to have clients buy into the software while scaling, to benefit everyone (The 10 billion dollar company that no one has had of), a client that processes billions of payments is great client when also has ownership of the product.Examples xcould be;Client 1 = 2.3billion market shareClient 2 4.3 billion market share, and so on, thus making the company a 10billion company that no one has had of.Also AF did say how he wants this to be a portfolio stock, institutional buying does not help with that goal, examples are gamesstop and other Companies that have had their shareprice shorted by institutions, but if the clients buy into the business, you get stability and control.
AnywaysAnyways, this announcement could be anything
- Forums
- ASX - By Stock
- SPX
- Ann: Trading Halt
Ann: Trading Halt, page-59
-
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SPX (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.001(10.0%) |
Mkt cap ! $50.63M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.0¢ | $79.14K | 7.677M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 2615830 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 127186 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 2615830 | 0.010 |
15 | 5925838 | 0.009 |
11 | 6858248 | 0.008 |
5 | 5732562 | 0.007 |
7 | 3097420 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 7685825 | 15 |
0.013 | 9242645 | 10 |
0.014 | 6506500 | 12 |
0.015 | 7363083 | 7 |
0.016 | 5000000 | 1 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Antler Copper Project hits major permitting milestone – air quality permit advances to final review
SPX (ASX) Chart |