SPT 0.00% 7.5¢ splitit payments ltd

I was a shareholder in both Z1P and SPT. But after Z1P's...

  1. 45 Posts.
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    I was a shareholder in both Z1P and SPT. But after Z1P's continued fall after the Paypal announcement, the Banks stepping in with their zero interest credit card models, I decided to get out of Z1P, lock in some profit on Z1P (Rule number 1 - Don't lose money) and used the proceeds for SPT's SPP. SPT's business model has shown it to be superior after the Paypal and Bank announcements and it's the reason why the share price is holding up so well in comparison the other BNPL players in my opinion. Kudos to Brad and management.
    It's so exciting to see competition coming in to this space and see how existing players adapt and react. It's one of the reasons that makes investing so exciting.
 
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Currently unlisted public company.

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