Institutional investors must have seen the potential of this low cap company – they have analysts there doing their researches. Here are my points – e-commerce is the future and COVID made this even faster; very few e-commerce ASX listed companies; it is making good profit; it is a top Amazon seller; it jumped into PPE sales (short term profit at least); the CEO bought more shares and provides multi-mil $ loan to the company; it is firing on the revenue front - 4Q doubling 3Q. Most importantly, it has very low PE ratio. I am not sure about you, but I am in for the ride, gents.
HT8 Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
