Not sure if CommSec, or any other brokers provide research on Hughes? It has an awkward listed history which usually means it won't get much coverage until it is really firing. If HDX quietly works away as it has been then the re-rate will see higher forward earnings and PE expansion at the same time. Could be spectacular even if just to get to industry ave as you point out dazz. But the timing of this could be a way off, must be patient as they wind down the debt load and provide further track record in listed form. Most sell side analysts aren't known for being ahead of the curve or doing in depth work on small caps.
HDX Price at posting:
29.0¢ Sentiment: LT Buy Disclosure: Held