There's no question that Novatti is bucking the general tech...

There's no question that Novatti is bucking the general tech sell off with investors rotating out of high growth tech stocks into value and cyclical stocks. Novatti should benefit from this rotation with the anticipated increase in transactional volumes once restrictions are lifted and international travel is able to resume.

Although we haven't experienced a significant increase on the back of Emersion's US launch, it's positive to see the resilence in the SP with a new line of support developing around 50c.

There was good coverage of the US launch on a site that covers ASX small caps. Interestingly, it included the following statement:

'Novatti is now separating itself from the pack among ASX-listed payment fintechs with a unique competitive advantage in one of the world’s fastest growing global markets'.

If Emersion experiences significant take up of its services, it may open up the prospect of a cross-listing at some point in future - just putting it out there!