Australia's largest stock trading and investment forum Australia's #1 stock forum

SPT

Click for more information

0.00%

7.5¢ splitit payments ltd

News: SPT Splitit Signs $150 MLN Receivables Warehouse Facility, page-19

First 19 Last

Share
Profile

Follow
proinv

246 Posts.

52

08/02/21

12:16

Post #: 50791346
Share

Originally posted by smartar: ↑

TBH from my point of view, APT, SZL and Z1P all have big instos to look after, but for SPT either the instos are still accumulating more shares at this cheap stage or there are no instos at all, but from the past trading history we can see the shadow of instos, so I believe they are still doing accumulating right now, that's why I don't think it's smart decision to sell your shares now unless you can find better alternatives to invest.
The announcement of Google Japan store and last Friday's GS announcement plus today's ANN regarding new board members joined in with rich experiences to help SPT expanding, I reckon these will attract more instos' eyes and with the HUGE potential to enter into Asia market.
Of course time will tell and I strongly believe the future of SPT and with the share price of peers like APT Z1P SZL reaching higher and higher, SPT should be valuing much higher than the current price level.
I am not that optimistic of $30 each share by end of 2021, but I do think we should be re-rated at about $6-$10 level.
Again time will tell and what we just need is to be PATIENT.
DYOR.

Expand

Yes. It is changing hands stage. atm.

old holders -> new investors

to accelerate the momentum

SPT Price at posting: $1.49 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

GNX

NSW approves J-POWER's $380M buyout of Genex Power, giving it ownership of QLD net zero project

AI stocks: What to expect in 2024-25

FG1

Flynn Gold flags mid-grade drill hits and always eye-catching rock chips

Week 29 Wrap: Trump in spotlight again; China's Third Plenum a yawnfest; RBA's August move a mystery

LKE

Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach

Wealth Within considers potential takeover targets in Australia's booming infrastructure industry

MCT

Metalicity looking for offers on Admiral Bay zinc project

Warren Tredrea’s weekly sports business wrap: the latest on business in sport

Talking Australia's very competitive property landscape: Realty Talks

IMR

Imricor raises $35M to pursue growth and expansion into Australia and NZ

There are more pages in this discussion • 1 more message in this thread...

First 19 Last

Add SPT (ASX) to my watchlist