I disagree this is a good news. It is neutral at best.
There is too much bias in your post and a cornerstone investor is not a behind the scene manipulator.
Honest opinion i don't know what your agenda is here, it seems you are a permanent bull on IHR. Likely a trader?
Founder leaving is never a positive news, but step down role would be otherwise, as this would mean a maturing phase of the business (visionaries are rarely good executors). However is this business maturing?
I wouldn't emphasise about track records of the new ceo or the cornerstone investor who happen to get rich during the tech boom decade (2011 to 2021 when his last networth is known). Whats his networth now? Too much emphasis on individual skills and ignoring the role of luck here.
Read the book called Fooled by Randomness and you would understand.
As a holder, i dont expect a miracle here. We are small and high burn. Founder left and macro seems against tech companies until at least 2023. If we survive thru next 12 months this is going to grow solidly.
IHR Price at posting:
5.7¢ Sentiment: Hold Disclosure: Held
