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

OK.....so what happens tomorrow morning ( Tuesday) Team??, page-126

First 126 Last

Share
Profile

Follow
Telluride

1,007 Posts.

105

13/03/19

23:13

Post #: 37754193
Share

Originally posted by Warnie ↑

because the third party lender puts the merchant through the ringer as that is their only security, so the merchant then has exposure to a third party taking security over their receivables and this would I dare say opening up their books, so it's an interrogation of sorts to get approval as a merchant under the SPT model go enable upfront payment collection, not as simple as some of the other models out there.

The lender also charges the merchant for the privilege and the lender will take payment from the merchant own receivables if payment doesn't come from the borrower/ customer, so risk.

Expand

The most controversial stock i have ever seen.
Questions still remain at large, will it fail or will it succeed?
Bit like the drill bit looking for gold, either a hit or miss.

SPT Price at posting: $1.30 Sentiment: None Disclosure: Not Held
2 Upvote

1 Great analysis

Reply

Top Stories

WC8

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

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

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

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

AXP

Tambourah chases gold veins and mineralisation extension with drilling

There are more pages in this discussion • 14 more messages in this thread...

First 126 Last

Add SPT (ASX) to my watchlist