You think you've done something smart here but you really haven't.
You are literally referring to a comment that I made almost a full year ago. A full year.
So much changes in a year. Well... maybe not for IOU, I am sure that they've released all their ASX required updates and yearly timeline.
Also proves another point of mine. Hotcopper is full of bullshit. I, like everyone else, was talking out of my arse saying that management are A-graders who will take us to the promise land. Hence my comment about 612 and Kevin, who also used to talk favourably about management. From that point they've had a year.... and what have they achieved? (Other than utilising an artificial, non-sustainable price increase - aka a bullshit twitter pump - to further dilute shareholders). I'd be very surprised if 612 is still around, and I definitely know that Kevin has changed his tune and would agree with me.
Share price has literally decreased by 80% since my comment. You might think that your argument has merit but this alone proves that it doesn't.
If the fundamentals were there then this dog stock wouldn't be slipping into an abyss. Sure by some gods grace you might get a 2x from here. But even at 30cents majority here are still heavy in the red.
The market isn't wrong on this one, you are. Sometimes you have to acknowledge that.
