I can't help thinking that 9SP are getting really close to locking in a big US bank as a channel partner. They've been commenting for a while about interest from an US bank, and today said that after holding a number of workshops in the US, the same bank is to coming over to 9Sp's headquarters to potentially do more due diligence. This was more colour than I was expecting 9sp to give on a "potential" deal which shows some confidence. I would have thought the bank visiting 9sp would be one of the last steps to verify the product before inking a partnership. So hears hoping we hear something in the next month or two to keep the momentum up.
One thing from today's announcement that wasn't mentioned was any update on the Deloitte propel channel. So one can only assume since it was the first channel partner to go live that the onboarding of SMEs onto the platform hasn't been material. That's why the minimum revenues are so important because they act as a constant incentive for the channel partner to push the dashboard on its clients.
9SP Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held