SPT 0.00% 7.5¢ splitit payments ltd

I am not too worried about the daily vol of SPT. It is...

  1. 15 Posts.
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    I am not too worried about the daily vol of SPT. It is unsurprising the SP fluctuates especially as the heat comes out of the market.

    SPT is almost certainly not going to be a get rich quick stock. I believe it does however have all the characteristics to be a 3-5x return at these prices but it will take a few years to get there. A company that was developed in Israel, listed on the ASX, patent protected with revenue that will largely comes from Asia, US and Euro.

    While comparison between other BNPL players is somewhat redundant and (GLTAH of them) it is worth noting that SPT is a much higher margin business. Not having credit departments on the payroll will make a significant impact in the future. My guess is that once the SP hits closer to $1.30 you will see a much bigger uplift because of the passive money that will flood in.

    All of this is IMO
 
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Currently unlisted public company.

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