HMO 0.00% 6.8¢ hearmeout limited

It's very well to celebrate 'organic' growth, but they're a...

  1. 1,618 Posts.
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    It's very well to celebrate 'organic' growth, but they're a public traded company that hasn't spent a single day above IPO price...

    They need to go all out and if it requires cap raising in future due to 'quality' spending, then that's honestly better than trickling money away while almost zero volume can push the price down 30 or 40%...

    Clearly no investors see reason to line up to be part of HMO...

    Been holding a long time and don't exactly have mt life saving here, so it's really a minor frustration, but breaking from obscurity to success is all on management...

    As with a bunch of my long term holdings, feels like 2017 was a year of slow progress, no monentum, treading water until some big event in the future sends them upwards...

    Grade for 2017, 3/10....
    App great, gained a small piece of the social marketplace through the year, but a long way to go still.
    Last edited by RhysT: 13/12/17
 
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