SPX 9.09% 1.2¢ spenda limited

After I called investor relations who seem to be privy to the...

  1. 1,548 Posts.
    lightbulb Created with Sketch. 253
    After I called investor relations who seem to be privy to the banter going around here they suggested rereading the Lessn announcement..... Needless to say they smacked some sense back into me.....

    Now that I've done that here's a key point that I missed myself: "currently processing 50m due to be switched over 15th" "big new client switching on October to add 550% to the flows", then in other public information outside of the announcement "aiming for 200m per month in 24 months".

    So the thing that gives me some near term hope is that after the "new big client" is onboard that's 325m pa short term hopefully reaching 2,400m in 24 months. So 325m/4 is 81.25m per quarter. States "expected revenue of 1m per 50m so 2%. 2% of 81.25 is 1.625m per quarter.

    That's assuming 2% is achievable with the new flows and it's all executed in a timely fashion. I won't crunch the numbers for the 24 month target because it's too far away to comprehend at this point.

    I'll now keep my trap shut for the foreseeable future.

    Adios until after the New Year.
 
watchlist Created with Sketch. Add SPX (ASX) to my watchlist
(20min delay)
Last
1.2¢
Change
0.001(9.09%)
Mkt cap ! $55.24M
Open High Low Value Volume
1.2¢ 1.2¢ 1.1¢ $8.294K 732.4K

Buyers (Bids)

No. Vol. Price($)
21 13346247 1.1¢
 

Sellers (Offers)

Price($) Vol. No.
1.2¢ 1891749 5
View Market Depth
Last trade - 16.10pm 14/11/2024 (20 minute delay) ?
SPX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.