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0.4¢ 9 spokes international limited

Stars,,,,, yes the latter,,, for mine.Look.. the stack cost...

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Good Oil

5,932 Posts.

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29/07/21

18:46

Post #: 54880533
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Originally posted by Starscreen: ↑

Good Oil it is interesting comment for the company to make but could be interpreted many ways, the bears would say it’s just a fluff comment that supports the broader growth in the open data industry that is occurring, or the bulls could say it implies 9SP has attracted some attention as a take over target. Do you see it as the latter in the near-to-medium term? Hard to see anyone paying a significant premium given recent customer attrition (even if OCBC was a foregone conclusion and therefore not significant), when they could start very slowly creeping onto the register at these rock bottom prices. Unfortunately there doesn’t appear to be any evidence of anyone trying to creep up given recent trading flows. It feels like visa is the obvious candidate but as they tend to do, happy to be just a partner until they see it adding real value to their ecosystem. Until then 9SP remains on trial IMO.

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Stars,,,,, yes the latter,,, for mine.
Look.. the stack cost $60m... and you can buy it for $40m (say?).... so why reinvent the wheel... IF you want to enter the space?
The longer this stays down, the more likely a vulture,,, with a better connected network... may....swoop........imo
DYOR

9SP Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
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