The HX would have been successful long ago if it were viable.The...

The HX would have been successful long ago if it were viable.

The mining comparison is relevant if you take into account what the market factors into the potential of the business, still a lot of variables before you extract a resource, jurisdiction, fuel price, government etc, it could all go to the wall but the share price isn’t sitting at bugger all in comparison to what it would be if it was successful.

Not unusual for an institution to pump money into a stock only to dump it on “news” and a spike in share price, there are plenty of micro/small cap spec investment funds that only need to be right 60-70% of the time to be successful.

These silly comparisons to the telephone, horse and cart vs car etc are desperate deluded dreams from folk who have no other means of making money or don’t understand the industry, the HX can’t compete because it’s unnecessary, unlike cars or phones.