Global markets assisted the buyers today accumulating but did the opposite for sellers . Technically trading back over 3 cents is more about when rather than if . Once trading back over 3 cents , large wicks in the mid to late 3 cent area will be filled with momentum . Pleasing to see 9SP mentioned on social media today .
Leading provider of marketplace and insights data to small businesses, 9 Spokes (ASX:9SP), has entered into a formal contract with Bank of America to provide its small business (SB) customers with access to a white-labelled platform powered by 9 Spokes for an initial period of three years.The platform will provide the bank’s SB customers with a holistic view of their finances, including integrated key third party solutions that owners need to manage their businesses.While management didn’t quantify the financial terms of the contract, it did confirm that it would have a material impact on 9 Spokes revenue.However, this represents more than simply a one-off contract win as it is a vindication of management’s confidence in pushing ahead with its strategy of bringing big financial institutions on-board.
https://finfeed.com/small-caps/technology/9-spokes-surges-contract-bank-america/“The company is achieving this by partnering with dominant brand banks in each of its target markets (US/Europe, UK, Asia and Australasia).
“With Bank of America now on board, the strategic foundation for this strategy has been well and truly cemented and positions 9 Spokes exceptionally well to broaden its sales efforts to other SB banks by capitalising on a strong pipeline of interest and to scale the business as the leading data insights platform globally.”
https://www.itwire.com/deals/9spokes-inks-agreement-with-bank-of-america.html
