Splitit Payments delivers the goods with gains over 50%

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Welcome back everyone, we’ve had to wait for quite some time to see a new IPO go live this year, but we’re happy to report the wait was definitely worth it.

Commencing trade around 11am, Splitit Payments (ASX:SPT) burst onto the scene with shares currently trading at 31.5cents, well over 50% above the ask. Better still, at one point shares were swapping portfolios at 35.5c or 77.5% above the ask!

What a lovely first entry to our 2019 Scorecard, let’s hope the gains hold true for anyone keeping hold of the stock for a longer period.