From my point of view, FY20 QFE: Strong revenue growth of 47% to A$8.5m, imagine QFE keeps the same growth rate into 2021, then the revenue will be roughly A$12.5m. If we work out 4.9% to allocate to SPT, then we will get A$600k, that's net profit. Then if we think about those already integrated like Stripe, Shopify, Purple, Magento, etc, Then again with the ongoing integration with VC/MC, + All of our directors have been involved in the SPP to show great confidence. + Adding AUD$100m fund for expanding marketing + We have been added to the technology index from this week.
Strongly believe any price below $1.50 is a great bargain.
SPT Price at posting:
$1.37 Sentiment: Buy Disclosure: Held