Im a bit pissed off that the sign-up rate of 10,000 per month hasnt been updated.
By there being no announcement on this, the market assumes 9SP has stopped signing up new clients.
The pullback of course would happen without a market update. So the SP pullback is obviously strategic.
To get the Cozzie Bros some cheap shares issued and lock in some low priced performance Options.
Once they sort that, Id expect a market update to create a buy bump for the Cozzie Bros to take profits.
Pretty typical Management practice that I think many penny stocks play to pay for all the Mates Christmas expenses.
Im expecting a Bullish update, but I dont know if it would be a one day bump or a rally, depends on the bullishness of the Update. Like how it affects the Valuation of the Company etc.
9SP Price at posting:
8.0¢ Sentiment: Buy Disclosure: Held
