Whilst I agree the title of the thread is a 'little optimistic'...

Whilst I agree the title of the thread is a 'little optimistic' I like the sentiment. In response to a few of the comments on this thread, and some general sentiment, I have not and would not bet the house on this, but now is the time, IMO for a flutter with a small parcel of cash you can afford to loose. Management and market knowledge is everything and I think the new team give this stock a fighting chance to grow big.

My reflection on stock risk (with current team, 12 month horizon)
30% chance of failure - stock drifts to nothing, or heavily diluted
10% chance goes nowhere
20% chance of modest gains in the short term with small wins accumulating
40% chance of significant evidence of progress to greater things (major event sponsors etc) with 5x plus growth.

I believe this stock has more chance of winning than losing in the short term, but not without no small amount of risk. I think anyone trying to value this stock will struggle. It will be growth perception based in the short term, with a constant weighing of 'potential'. Obviously not advice, entirely my opinion, and held until it isn't (the stock and opinion, that is )

Note: my 'buy' sentiment holds the caveat 'with any cash you can afford to lose!'