SPT 0.00% 7.5¢ splitit payments ltd

Just to help everyone with a basic observation. You are invested...

  1. 71 Posts.
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    Just to help everyone with a basic observation.

    You are invested in a high growth sector.

    The business has positioned itself well to prosper from the great work done by the management team.

    it needs more cash as is normal for these types of businesses.

    The ASX no longer likes small caps

    The only option here is for them to entertain a public to private conversion. They are going to become very popular for smaller public companies.

    This course of action means the company delists and you as shareholders go on a journey as a private company shareholder for a maximum of five years.

    The private equity firm will only want a three year investment period.

    The PE will sell in three years for what is equivalent to $1 a share which will give them 5X their money. They may even get 10X

    The alternative would have been the PE bid for the company and buy out your shares at 30c. That would end your journey.

    So the conclusion is you have three years to go and if you were really smart you would drop in a further $50k to buy shares at 4c you will sell at $1 if the plan works. But so your own research.

    All you need to do is to think if you still believe in the thesis.

    Do your own research. But thanks to those people who have driven the share price down as the 20X return if it sells for a $1 is a great investment.

    Hope you can all start to calm down read the material and realise what is happening.

 
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Currently unlisted public company.

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