I’d give up nibbling in a heartbeat for a material re-rate. I just think at ~$25M market cap anything bought at this price is a lot more likely to appreciate than depreciate. As I’ve said before, if you’re selling at this MC you’re essentially saying over the medium term eLovu won’t be material, RHC won’t be material, GC won’t be material and nothing else material will arise from US, Aus or any other market. I don’t think that’s the most likely outcome.
HMD Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
