Definitely. But at present market cap its not priced like a company in its infancy. At one stage we were at around $350M value for a business that has not yet made a profit.
I'm not saying they won't in fact, I'm confident they will, but even at $1.50 there is still a lot of its potential growth already factored into the current share price.
I've been trading this since around 12 cents, and I haven't been scared to sell when valuations get a bit heady, so far have always been lucky to get back in for considerably less, sometime even 6 months later.
I'm also aware that timing these things can be a mugs game. I sold REA too soon and never got a chance to get back in so it pays to be cautious.
IPP Price at posting:
$1.86 Sentiment: LT Buy Disclosure: Not Held
