I remember you from the Nearmap threads. That company was taken...

I remember you from the Nearmap threads. That company was taken over following what can only be described as criminal manipulation. First it was subject to short attacks via fraudulent reports from JCap, then repeated suppression from entities associated with or otherwise siding with Thoma Bravo.

In this instance, Nandan has been clear about not intending for Splitit to be a takeover target, but rather that Splitit will look for take-over opportunities. Hopefully whatever he is doing is enough, as there will almost certainly be entities looking closely at Splitit in the background. Many small-mid cap tech companies are targets at the current time and particularly those listed on the ASX, as the USD is strong vs the AUD. The RBA needs to raise rates more aggressively to offset further exchange rate losses which will only worsen the situation.