AAFar be it from me to rain on your party, but a couple of...

AA
Far be it from me to rain on your party, but a couple of issues spring to mind regarding your approach to ITE:
+ what will/can be the driver to justify the stock rising 33%, to 24c in one day – given there is a pending new issue at 14c which will increase the stock on issue by 10%?
+ the company is presently cash flow negative (a warning sign) and cannot cover day-to-day running costs (which includes R&D), hence the new issue.
+ the company has been around for several years now and if it not cash flow positive by now you should be asking the question ‘what will change in the near future’. Not much I would suggest.
+ Tech stocks with a (very) limited product range are not “growth” stock. They can only capitalize on market demand for today.
+ your capital has not been preserved!!! Each and every option that is exercised and/or new issue further diminishes value of your holding in the company.

Finally, the ASX technology board is full of companies that had great world leading products but failed to have the critical mass to succeed..

I respectfully suggest ITE is in this category of companies.