SPT 0.00% 7.5¢ splitit payments ltd

This is MASSIVE (per AFR above) and will be a huge vote of...

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    This is MASSIVE (per AFR above) and will be a huge vote of confidence in SPT on the back of MC/V/Stripe recent deals.

    $100M will get instos attention. Expect a dramatic rerating of SPT esp, once details shared amongst prospective instos.

    APT & SZL's recent CRs were done at ~2% and 5% below market price and if someone wants it big time, don't expect huge discount maybe 1.25/30. But won't remain there for long.


    Just to get the juices going ...

    A quick check reveals Tiger Cubs manage around 50 of the world's top hedge funds, including Stephen Mandal's Lone Pine, Andreas Halvorsen's Viking,Rob Citrone's Discovery Capital Management, Philippe Laffont of Coatue Management and Lee Ainslie of Maverick Capital.

    Coincidentally, US Technology investor Coatue invested $200 million in APT last Nov (AGM ann) at a 2.4% discount to last closing price ($29.19 ps) https://www.pymnts.com/news/investment-tracker/2019/australia-afterpay-lands-200m-from-us-tech-investor-coatue/

    And in Jan18, Matrix Partners, a long established, technology focused VC invested US$15.0m in Jan 2018 ($14.9m via new share issuance at A$6.51 ps and US$100,000 via Convertible from APT US.
    https://www.afterpaytouch.com/images/APT-ASX-Announcment-16-January-20181.pdf

    Buckle up!

    Last edited by Timbogold: 03/08/20
 
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