I feel like that is the case with the majority of retail holders, is that we fully believe in TMT and you hear very regularly TMT takes up a big part of portfolios, but we have never seen that genuine rerate where you might take half off the table and free carry, it has just been the promise of big rewards if you keep holding tight...
The downside had been not that many shares traded, and it's taken very low volume to put a halt on any sustained buying, and gets pushed down quite easily when no news is around...
I think everyone agrees though that it is only a good thing when this NEEDS to genuinally rerate to a much larger market cap, it'll be explosive, and the value of a share owned has really been protected by management.
TMT Price at posting:
49.5¢ Sentiment: Buy Disclosure: Held