Rewardle, page-11

Hilariously, I'll have to unramp my earlier statements - the 1500 merchants are not paying, there seems to be only ~60 paying clients (source: prospectus).

I'm still keen to invest, but I'm less confident that the float is going to start blasting up the charts and might just buy on market.

Looks like I've wasted $10 in getting a bank cheque made.

Based on their product pricing, if they convert their pipeline + grow then the SP looks like good value - but given that they offer a 3 month free deal I'll keep an eye on the SP coming into November/December.