Patience is key here. Slow and steady wins the race. There is no other Silicon Valley stock on the ASX with the same combination of proven management (who successfully built hearing company Sensear from the ground up), exclusive IP and partnership (Curtin University), and market entrance timing (wearables are the next technology trend)
This isn't some mining company operating on the pipe dream of drilling a big deposit. What they have is real technology. And a high growth market to deliver it to.
I have spoken to an audiologist friend of mine, and another friend who works in music technology - and they say this product is very interesting indeed. I'm excited to be a shareholder.
I think this will be the last chance to get a few in the 3c range before the acquisition is finalised. Then the wider market will wake up to the stock.
Long-term holder, would prefer the day traders to overlook this.
WAC Price at posting:
2.9¢ Sentiment: Buy Disclosure: Held