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0.4¢ 9 spokes international limited

I agree largely with what you have said... but undervalued??? I...

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baldynumbers

3,878 Posts.

408

18/08/21

08:50

Post #: 55372247
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Originally posted by lsrshoot: ↑

Just take into account that big companies like VISA don't only have 9Spokes to think about. It is a long and frustrating process and it takes a a big effort to move the big wheel of this giant machine.
IMHO, once the wheel starts its motion it should deliver what we are all waiting for.
Lack of news, those that bring revenue, have made the market totally disinterested in this company. The interest will suddenly return when something substantial is going to happen and, from there, it will move very quickly.
The market capitalisation of the company, the way it is now, is laughable and seriously undervalued (always IMHO).
As frustrating the wait can be, and it must be frustrating for the company as well to see the slow uptake of the platform on offer, I believe there will be rewarding times. At these levels, I see a (risky) bargain.

DYOR and GL

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I agree largely with what you have said... but undervalued??? I am underwater with my investment... but until we get revenue, customer retention, cash flow positive THEN profitability - IMO - 9SP is a hard thing to determine value with

9SP Price at posting: 1.5¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

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