I’ve bought recently at 22.5, 21.5, 20.5 and 20 and will...

I’ve bought recently at 22.5, 21.5, 20.5 and 20 and will continue to buy if it goes below 20c. Almost at a $10m EV for a high growth, cashflow positive company that is about to inflect and that is net cash. I’ve screened this against other companies with a similar EV and we’re comping against utter garbage. This is seriously priced for default.

I’ve often found that buying ‘losers’ in May and June can be quite rewarding as retail sell for tax losses. Given this is at 52 week lows and the market has done well it fits the criteria. Looking at broker data shows commsec as the biggest seller and we’ve seen a recent top 20 and they’ve been net buyers, so it’s the marginal shareholder that is selling - that is good news.

Michael, I know you read HC. Zoleo needs better disclosure and better investor marketing. How low does it need to go before you share with the broader market what about 15 people on HC know.