Phrag Sorcerer's Apprentice x wallisii

[TwoStems]

Just got this baby in the mail last week!
The grower said it had "one low spike" and I'm not sure what she's referring to. This is my first phrag, and I'm used to paphs spiking from the center of the leaves. I've attached a couple of photos; is it the little nib in the red circle (which is growing from the old foliage), or the new growth coming up in the center of the leaves? I'm so excited for this one to bloom