Of course it is a bargain at 11 cents. That is why Hunanforce is acquiring it at that price. They are capitalizing on the temporary poor sentiment in tech stocks.
Two years ago IntelliHR was trading at 50 cents. Since then ARR has almost quadrupled. The fundamentals remain very strong as does the vision created by Rob Bromage.
It is a vulnerable time for tech stocks but hopefully IntelliHR can get some more cash to get through this short term squeeze and remain listed until tech stocks are in favour again.
IHR Price at posting:
10.8¢ Sentiment: Hold Disclosure: Held
