I don't know that it's a certainty that its all gonna end fantastically, but the ASX feels like a waste of time. Low liquidity and very aneamic. A lot more opportunity in the US. That said, it could easily flop over there too and we throw away a lot of good will from ASX holders and dont find new ones in the US.
That said, with a MC of $100m and all the IP, and $30m cash - it's definitely waaay oversold on this exchange.
IHL Price at posting:
6.5¢ Sentiment: Buy Disclosure: Held