IPO - Benjamin Hornigold Limited, page-126

Well that post makes no sense.
If Stuart is as good as you say surely BHD will make bucket loads of money too. Half of heaps is better than nothing.You were calling HML a buy when there were still loads of options unexercised. If you can buy BHD at listing price or close to and they make the returns that HML have made who cares how many oppies are outstanding.
HML is a minnow like BHD and still has reasonably poor liquidity, to sprout otherwise is very misleading.
The value of HML's assets is still up for debate too, as raised by the auditors in the half yearly report.
DYOR