SPT 0.00% 7.5¢ splitit payments ltd

Hi sneef , its a sad chart you posted, Just look at Zip , they...

  1. 485 Posts.
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    Hi sneef , its a sad chart you posted, Just look at Zip , they were so expensive not so long ago, i just cant see how they will ever make a viable business out of their model considering that they have bad debtors on their books killing the bottom line. I dont know yet if Spt will come good but that is one major factor they don't have to worry about. Here we are going into a bit of a financial crash brought on by a whole host of negative contenders and a lot of the folks that use these BNPL services are on struggle street already.
    On the positive for Spt it looks like the new management team are on the right track with the SP improving gradually. Personally it thought WP was good due to his background with Paypal but as usual i was just dreaming.
    I hope you are right Austin.
    All the best H
 
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