So what's the theme - if this US fund manager throws $100m at SPT will other retail traders feel left out so they will start to want to buy the shares? OpenPay raised $33m and its share price jumped from $1.3 to $4.2 in a month. Does this hypothetically mean $100m/$33m is 3 times the growth of OpenPay growth$4.2-$1.3($2.9) which means the SPT share price will rise from $1.36 + ($2.9x3) = $10
All I can say is it will be an interesting next 4 weeks.
IMO DYOR
SPT Price at posting:
$1.37 Sentiment: Hold Disclosure: Held