The accumulation here (more than 250m over 3c) is obvious and...

The accumulation here (more than 250m over 3c) is obvious and sustained. The low volume down days are to be expected - especially when the big end of town flex their muscle and scare off the short term traders and lose hands.

Consecutive weeks have seen the largest trading volumes ever with 85m, 118m, and then 128m recently. All of which saw the vwap above 3c - which will be a strong level of support. Congrats to the traders who turned a quick buck - not an easy task in this market.

Least you/we forget there are some significant transformational deals in the pipe line for 9SP. Deals which take time and care, and frankly, the longer the better in my view. First, it will mean that we can accumulate down here in the penny dreadful range, and don't have to pay 10c plus for a piece of this company. Second, it signals that our governance and leadership are committed to ensuring the deal is good for share holders. Third, it without any doubt in my mind there is likely a shifting from weak (short term) hands into strong (long term) holders.

The chart (volume) is telling the true story here. The market is anticipating a big deal is on the cards and soon. Big bank (top 5), upgraded platform (V2), and VISA expansion are all nearing completion.

Sentiment = mad to be selling.