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IP1 - Integrated Payment Technologies

System

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Integrated Payment Technologies' main business activity involves acting as a Clearing House for the payment of superannuation contributions, payroll deductions, salaries and ATO related payments. The Company generates revenue through charging employers facility fees and transaction fees in addition to receiving interest on holding superannuation contributions.

It is anticipated that IP1 will list on the ASX during December 2016.

http://www.inpaytech.com.au
 

greggles

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After listing at 20c back in December 2016, IP1 slowly sank to a low of 1.7c over the following two years. Just recently, however, it has seen some more positive price action and has increased to a high of 4.1c today.

The catalyst for the change in sentiment was the announcement on 8 February that the CEO is stepping down as the result of a strategic review of the Company's product development, business focus and financial and human resources. They are currently seeking a replacement CEO.

A Board review of the Company's strategic direction and focus has identified a number of objectives and also flagged a possible capital raise. The most recent Quarterly Report detailed a quarterly loss of $309,000 and cash at bank of $1,086,000.

Can IP1 recover after a devastating two years since listing? It is currently trading at 4c.

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30 day chart with today's unfinished bullish bar. Sellers thinning out for anyone interested. FA potential is surprising, if it all stitches together long term.
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So, I guess the market liked the annual results. ;)
DYOR, I haven't done enough. Some key buzz words are standing out though.
1 month chart, momentum continues.
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SP sitting on lower of current trends for anyone interested. Consistent with current PB.
Now held with a more medium to long term approach plan.
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SP sitting on lower of current trends for anyone interested. Consistent with current PB.
Sydney,
Wednesday 9 September 2020
Integrated Payment Technologies Limited (InPayTech or Company) (ASX: IP1) is pleased to announce the Company has entered into a data services agreement with Verifier Australia Pty Ltd (Verifier) (www.verifier.me) to aid in the provision of Verifier’s Proof of Income. This is InPayTech’s first implementation of an individual consent driven request for data service and the Company expects further collaborative arrangements with Verifier in the Company’s upcoming ClickVu release, including those under the Consumer Data Rights legislation in Australia.

I am surprised that the announcement is non market sensitive and that the price hasn't moved...
 
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My entry for the October competition.
Trying to improve on my timing for the month. Solid retrace seen.
Hoping for support on 0.025 and a change of trend/retrace end.
Some good volumes from June.
Long chart, short chart.
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My entry for the October competition.
Wooa Wilbur, just wait another day.....?
Is the bottom in?
I suspect that the blue bar strategy by @Skate ala @ducati916 would show today as the first blue bar signalling tomorrow as a buy... however that's just a guess.
Maybe Skate could confirm or deny in the Dump it Here thread.

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The fundamentals are potentially interesting. (Am not a financials person, so someone might be able to shed some light there.)
So, a patented payment process, (still waiting on Aus patent approval I think?) now full acquisition of TipsGo Open Banking, Superannuation, Lifestyle etc API systems.
I can see what they are trying to do, hopefullyit takes off in the near future as it appears to be getting closer to a commercial offerings rollout stage.
Price starting to move, and I think the chart is pointing to a possible breakout, irrespective of it being my October monthly competition tip....
Older YouTube of TipsGo API's offerings, from a commercial point of view.
 
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I'm excited.
Westpac have now updated their app to now have a fairly decent suite of indicators... (@rnr you may have an interest)

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TA trend continuing despite a lack of apparent catalyst.
Hoping for a nice finish to the month...
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