To be honest that was 5c before they lost a major name......9SP just lost Suncorp which makes me conderned about their model ongoing.
I want to see 9SP get closer to that 100k user market build new big names and close the gap on cash flow positive before I touch 9SP. What concerns me is 9SP build there numbers but don't appear to be getting closer to cash flow positive. Is 9SP giving their product away? Whats going on? By my accounts they will have a highly dilutive cap raise within 6 months and they may not be dramatically closer to controlling cash drain.
9SP Price at posting:
5.0¢ Sentiment: Sell Disclosure: Not Held