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7.5¢ splitit payments ltd

@tc - $2bn mSv x 2.3% commission / 750m shares =6c dividend....

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Tekvest

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26/09/24

08:23

Post #: 75843140
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Originally posted by sneef: ↑

@tc - $2bn mSv x 2.3% commission / 750m shares =6c dividend. Operating cost comes out of $50m CR.

Conservative $2bn mSv based on exponential growth from January to June 2024, Apple Pay, Paypal, South Africa expansion, Visa VIS across six countries, Mastercard instalments, signet jewelry, Aliexpress global taking off and XMAS.

@jasper - Motive partners at some point will want to flog it off at over 1000 times more than their purchase price. Nandan Focus atm is to bring 50 banks on board by June 2025 but in addition to that he has to open up primary markets to get the share price up to avoid the same situation as sezzle of consolidating 36 shares into the one share to get the share price up to enter NASDAQ. Avoid being classed as a junk stock. Splitit will definitely be looking at sezzle how its share price has jumped up by $100 in just 6 weeks based on 4 qtrs of positive growth and a current share price of US$173. Which is approaching $260USD which is the x1000 for MV.

One thing is for sure is when primary markets opens up and an official statement comes out from Splitit on it being cash +ve/exponential growth, numerous banks onboard with FI Paylater, winning merchants on mass that are coming out of their exclusivity period with traditional BNPL companies - it will jump very quickly.

IMO, DYOR, be patient.

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@tc - $2bn mSv x 2.3% commission / 750m shares =6c dividend. Operating cost comes out of $50m CR

OMG

SPT Price at posting: 7.5¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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