With a lack of news flow I thought id throw up a couple of takeaways from the latest FSB's report:
1. The period of time of Barclays moving from trial mode to national rollout was shorter than expected.
2. Forecasting 175k users by Mar-19 to Jun-19.
3. 9SP coming in under budget in the March quarter provides a $900k differential to spend in June Quarter.
4. Talking up development sales pipeline with interest from North American, Euro and Australasian banks.
5. Expects one of the two North American Banks, which are in advanced talks, to be signed in next 3-6 months on more favourable terms than the Barclays deal.
9SP Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held