What if the company announced a new partnership or there might be an expectation among some institutions that they need to participate in SPT as they are already well weighted in the competition.
What if there are overseas funds accumulating or the possible re balancing by the ASX into ASX 300.
There are a range of scenarios. But one thing is for sure. There is a great deal of interest in SPT on a day that the market is down by 50 to 80 points.
Just look at Z1P,APT, SZL and now SPT joins the ranks of the best BNPL stocks.
Sell at your own peril as the $2.10 to $2.30 range may just wave to the holders as the stock climbs past these levels..
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