Australia's largest stock trading and investment forum Australia's #1 stock forum

SPT

Click for more information

0.00%

80.0¢ splitit payments ltd

If the senorio you have painted is true. Why would be original...

First 2149 Last

Share
Profile

Follow
jzed

1,844 Posts.

10

19/03/19

18:01

Post #: 37814225
Share

Originally posted by Wizardwiegy: ↑

The IPO shares have been sold to all the retail investors at as much as 10x, now they are being sold back to others at as much as 30-40% losses. Soon people will be selling through fear and the realisation that they have bought on fomo, now beginning to panic that maybe this will take a couple of years to accumulate any decent retailers or come crashing back down to sub 50c, some then averaging down their holding and telling themselves that this is a long term hold, then after 6 months and starting to notice that no retailers whatsoever have Splitit, they may be onto a dud, so they sell their holding back to the original IPO buyers who end up with huge parcels and a free ride forever.

Expand

If the senorio you have painted is true. Why would be original purchaser want them back?

SPT Price at posting: $1.33 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

RPM

Cyprium to net A$9M from sale of surplus generators at Nifty copper mine, WA

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 423 more messages in this thread...

First 2149 Last

Add SPT (ASX) to my watchlist