On the 4/7/19 9SP was trading at .016c. Just over a week later it's trading at .023c. Stock is up 45% in just over a week on increasing volume with over 154 Million shares traded in the last 6 trading days since the AR was released. Massive accumulation happening.
AGM slated for Monday 29/7/19. Will we see an announcement before then?
Could be any number of high quality announcement due in coming days/weeks.
1/ Tier1 US Bank deal 2/ European Bank deal 3/ Further co-selling Microsoft agreements. 4/ Outcome of Visa USA talks.
Anyone of those above announcements should have a positive impact on the share price of the Company.
The resistance point is .025c and a break above that will then bring .03c into play. May take an announcement to get us there though, however a look at the chart from July 2018 shows a sure and steady climb on accumulation in expectation of an announcement which came in August 2018 and the share price exploded to .062c.
9SP Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held