As I stated a little while ago. The Visa/Mastercard option is up and running. The weakness in the share price is minimal unless you are a 2 cent trader. I supported the stock as I have done the research.
Those wanting to speculate on something else can do what they please. SPLITIT is just about to provide a series of announcements over the next 6 months concerning the trajectory of it's growth.
If you look at SZL and Z1P you will notice that they are running out of runway as far as the loan book is concerned. With growth, their debt carry position balloons and they are running on empty if for some unexpected reason, interest rates go up. That will be the end of them as far as costs per sale is concerned.
SPLITIT does not have this problem. If you have a little time, hang around for the good news as there will be plenty of it.
Watch this space.
SPT Price at posting:
$1.48 Sentiment: Buy Disclosure: Held
