SPX spenda limited

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Bottom is in. Get ready for SPENDA to bounce!, page-1642

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Merchant2000

24,969 Posts.

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16/08/24

21:39

Post #: 75246843
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Originally posted by Turnthepage3: ↑

Merchant2000 I understand your warnings that this Spenda company has a few downsides.

Can you help me understand using info found in the 4c.

My simple view is that it must be a legal requirement by companies on the ASX to share whats happens each 4c.

Now the yellow Line marks 4 years of growth, not at the rate we would have liked if being honest.

But your saying we are overvalued, incoming huge share dilution, not a going concern. Etc.

So I put the Merchant2000 red line in.

Can you show me with company information how Spendas 4 years upwards chart is about to reverse.

I looked and can't find anything definitive that would suggest this big of a change.

I don't want to hold a failed business, which is why we all discuss ideas on HC.

If you truly are trying to help then can you elaborate where you get the information that suggests such confidence that SPX will not be a going concern.

thanks

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@Turnthepage3

Imo - you should buy more if you believe the story of rewards and SOI growth

20% drop today at these levels says it all

$50m or in Capital Raises since 2021
and still negative cashflows

Revenues generated will never exceed expenses imo

All acquisition's have resulted in increased cash burn - staff and admin increases

Pure SOI and rewards entity

Does not meet one of the criteria's for ASX tech index

No fund managers or institutional investors will ever buy in a lifestyle company - hence dropped over 50% since early February after Capricorn buy in

imo

Last edited by Merchant2000: 16/08/24

SPX Price at posting: 0.8¢ Sentiment: Sell Disclosure: Not Held
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(20min delay)
Last 0.6¢		Change 0.001(9.09%)		Mkt cap ! $27.69M

Open	High	Low	Value	Volume
0.6¢	0.7¢	0.6¢	$23.32K	3.880M

Buyers (Bids)

No.	Vol.	Price($)
2	280696	0.6¢

Sellers (Offers)

Price($)	Vol.	No.
0.7¢	18216262	29

View Market Depth

No.	Vol.	Price($)
2	280696	0.006
48	22729523	0.005
8	15700000	0.004
9	26100000	0.003
5	17000002	0.002

Price($)	Vol.	No.
0.007	17544441	26
0.008	3921694	23
0.009	9234397	15
0.010	842781	5
0.011	527004	4

Last trade - 15.59pm 27/06/2025 (20 minute delay)

SPX (ASX) Chart

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