Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
An update from Spenda Limited ( (AU:SPX) ) is now available.
Spenda Limited has secured a $3 million term loan facility with Capricorn Society Limited, allowing for flexible drawdowns in $500,000 increments. This strategic funding will support Spenda’s capital expenditure and working capital needs, helping the company move towards operational break-even despite challenging market conditions. Additionally, Non-Executive Director Andrew Kearnan has resigned from the board, with the company expressing gratitude for his contributions.
More about Spenda Limited
Spenda Limited is an innovative software company that provides embedded electronic payment solutions for supply chains and trading networks.
Average Trading Volume: 2,155,863
Technical Sentiment Signal: Buy
Current Market Cap: A$32.31M
For detailed information about SPX stock, go to TipRanks’ Stock Analysis page.