You can see in HC posts there are not many views on ASX ann’s...

You can see in HC posts there are not many views on ASX ann’s for HMI.

No fault of current team, given they have been the ones turning this around over the last 2 years.

And you can’t say well why isn’t anyone buying it - because there are two groups you can see in the substantial holder statements who own 20% of the stock each, and keep increasing their holdings.

Simply a hidden gem in my view.

The revenue based on this quarterly indicates around $30m for FY24.

As a comparable, anothber listed HR play Hitech (which doesn’t have the Artificial Intelligence exposure) has a market cap of $90m on $75m of sales and Gross Profit of $10m.

We should be $4m gross profit for this FY24 which should give us an approx market cap of at least $40m based on our run rate already being generated today.

I think when HMI runs it could go hard since there are such compelling figures to back it up.

Lots of growth in its core markets and obviously they are now very close with major players in the mining sector, plus there’s a huge number of opportunities in the rest of Australia and other verticals, not even to mention once they sign on some AI platform related HR Contracts.