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Cap raise, page-12

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Oldtimer46

1,933 Posts.

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12/03/19

00:02

Post #: 37726721
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Originally posted by demoniaco: ↑

They just IPO'd. I can't imagine a cap raise a couple of months into being listed.

SPT being pumped because a handful of brokers who got into IPO knew that APT was a hype train.

I have to wonder how much $$$ these brokers offered to get two articles (SMH + AFR) to publish over the weekend to hit the far-reaching TA chart target of $1.875 today. Perhaps none, it could be a coincidence.

What's not a coincidence is the ~$8M worth of selling at the top. So much selling that it even gapped down pretty hard on the charts.

One has to ask the question;
How is SPT @ $270M market cap with $400k revenues & $4.4m loss.

If someone's answer starts with: "Well because APT .... " then they're already destined to lose their money.

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You really didn't get on at all? LOL

SPT Price at posting: $1.61 Sentiment: Buy Disclosure: Held
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