SPY - Smartpay Holdings

[Balance]

1.9 million shares crossed on the ASX today at AUD 0.77 (NZD 84c). Rolling 20 business day volumes now the highest since July 2021. At some point would expect to see some SSH notices filed. Will be interesting if a new investor coming on board (and who have they been buying from) or if Milford or Microequities are trading amongst themselves. Very good price discovery at these heavy volumes rather than the day to day movement in small trades.

Disc...have acquired a meaningful position over the last 6 months.

Actually, 2.9m shares crossed at A77c!

Going higher and higher on good volumes, albeit via crossings.

Most likely to be institutional investor(s) getting set and as I was told by Australian fund managers in years past, they do not mind paying up when they evaluate a stock as having 100% upside over a 3 to 5 years’ time frame.