There's way too many pros to talk about. VNL has a very...

There's way too many pros to talk about. VNL has a very promising future with a Board/stakeholders that ooze with ambition and accolades of previous success.

Wisetech acquired up to 50 businesses over 7 years to help streamline and service a fragmented industry that already existed. They have carved out their service offering to the industry and are now worth about $30 billion AUD.

Richard White clearly sees some comparison here, Paul Wiltshire has already led and proven the way with Songtradr's somewhat similiar growth strategy.

The industry VNL is targetting already has over $30bn USD (give or take depending on what you read) flowing around in the industry, it's not trying to establish a new hypothetical market, the money flow exists and it is fragmented. The music industry needs companies like VNL and Songtradr to help pick up all the pieces and offer packaged solutions. There is over $30bn a year of music revenue flowing around, that is alot of potential customers to service in one way or another while taking a clip.

What might look expensive to an investor now could look very cheap soon.
This is a high growth stock focused on global revenue, it should not be analysed exclusively from a 'value' investment lens..not yet anyway!

Any signs of further success that has been disclosed and or discussed in HC only gives us more confidence that the future is bright for VNL.