This is what $480m market cap gets you: - Latest 4c quarterly documentation: 1) -$1.8m loss 2) $7m cash in the bank
- Latest Full Year report 1) $1.6m revenue 2) $1.1m gross profit 3) -$22.6m operating expenses 4) Net loss for FY19: -$21.4m 5) $17.9m equity
Splitit partnered with Visa on 02/03/2020 - That pump lasted 2 days.
Eventually the stock dropped to 20c which is where fair value was accurated predicted and calculated here
What has changed since the last time SPT hit $500m market cap on pure hype when it was $2?
Traders like me had a lot of fun today, and likely will tomorrow as well. Investors, prepare for a slaughter in the coming weeks/months as this heads back to 20-30c in a few weeks/months when the Buy Now Pay Later (BNPL) sector cools off.
HotCopper & The Market Online will be live From the Floor at the Mining News Select Conference and we want to bring the voice of our online audience to the show with us.