SP1 0.00% $1.07 southern cross payments ltd

The wheeling and dealing in startups is becoming a major part of...

  1. 1,488 Posts.
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    The wheeling and dealing in startups is becoming a major part of their business. Early days but encouraging. It is not inconceivable that they could make some decent revenue "trading in startups" (despite fact that many might not see this as "ordinary" revenue). It is also possible that they stitch up consulting (real revenue) deals with many of these startups. Add potential HomeOpen cash flows (likely some time off IMO) and bottom line could look pretty good pretty quickly.

    $1M NPAT at 30 multiple gives you three times current price - food for thought!

    Would like to see:

    1. Clearer message from ALA on strategy
    2. Instos accumulating
    3. Sellers dry up - frustrating IMO they couldn't have raised earlier funds with secure LT holders
    4. Some good broker coverage
 
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Currently unlisted public company.

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