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80.0¢ splitit payments ltd

listed just weeks ago but has been around for years and still...

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13/03/19

18:33

Post #: 37751480
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Originally posted by Endpoint: ↑

Many are missing the point, this listed just weeks ago and is still up 6x from IPO.

Management have a plan and they now have the money to execute.

They don't control the share price. Longer term their results control the share price, shorter term traders and speculators control it.

As an investor I would've like to see 20c become 50c in 3 months then $1 in a year then $2 in 2 years then maybe $5 in 3-5 years.

Unfortunately (or fortunately, depends which way you look at it) the stock ran way too hard too fast, but that's not a reflection on the company, it's management, it's plans or it's potential.

It's simply a reflection of people getting ahead of themselves. That 'irrational exuberance' doesn't change the long term prospects, just the share price journey along the way.

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listed just weeks ago but has been around for years and still only d grade merchants onboard

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

2 Great analysis

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