I think there is a lot of potential with 9SP, huge growth in adoption and revenue streams from both the partnering banks/financial services companies as well as commission from the app companys. only point of concern is that they are really ramping up the cash burn and from one of the investor briefings break even point is 90k users.
that said sorting out a contract with RNC and OCBC in the next few months and potentially something with the likes of wells Fargo or BoA will see them hit 90k in no time at all.
9SP Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held