I've been looking at the history of this stock over the weekend,...

I've been looking at the history of this stock over the weekend, and it seems to be a company with very impressive growth rates and a history of successful acquisitions over the last 8 years.

However, I think there are three factors that contribute much to keeping this stock at low pricing:

1. Low market cap below 10m
2. "Garbage" price level of below 10c.

A lot of investors and institutional investors would simply ignore it because of 1 and 2.

3. Choppy growth in earnings. This is probably just an opposite side of the business model. The management is prepared to sacrifice smooth growth of earnings in order to maintain high growth rates. Over the long time frames the growth in earnings is obvious.

I think a nice re-rating is possible over time if: there will be a strong growth in earnings over the next couple of years; some analysts will start following and promoting the company; the company will become big enough to represent "investment grade".

what do you think?