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30/12/24
00:30
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Originally posted by Tekvest:
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Hats off to Splitit for managing to have the ridiculous sophisticated investor trading on Primary Markets suspended indefinitely. It was clear that nobody wanted to buy at infintesimal divisions of cents, nor would there be any reason to until the company comes clean with its shareholders. As it was it only flagged the fact that nobody wanted to buy Splitit shares. The company has a Trustpilot review campaign but is still being belted with large numbers of 1 star reviews - the product is being mis sold by merchants. The company only responds to negative reviews and says that as it is a technology company and beef is not Splitit's. IMO it was a mistake to move to the white label policy and it is trying to get it back through customer reviews. Merchants only want to make a sale, but they fail to explain that the full amount of the purchase is blocked on the customer's credit card and the merchant gets charged a fee to create customer friction. Big customer and merchant dissatisfaction and turnover. Hopefully they will let their shareholders of progress and identify the proportion of their shareholdings.
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gosh so desperate to enter sorry we are closed to non members