It's cooked. 9sp will need a CR over the next 3-6 months and will struggle to issue shares at much over 3c if the current performance continues. The problem how little management seem to care about updating the market about what they are doing. Before Christmas they made some grand statement about monthly updates on sign up numbers. Where are they? It's a shame as I thought it was a good product that would appeal to SME's.
9SP Price at posting:
4.1¢ Sentiment: None Disclosure: Held