Hey all ✋ just came across HCL, curious to get your thoughts on what’s going on here?
From my research it looks like a solid defence business with reasonable product-market fit that's just entered the US market to maximise revenue? But it’s really beaten down from a share price perspective.
Does it feel like HCL’s turning the corner & likely to grow as a business from here, or does it feel like it’s just limping along until it runs out of cash?
Also how would you describe the attitude of the founders/management? Does it feel like just a lifestyle business or do they seem like they genuinely want to grow this into something big?
Also I just saw that another micro-cap defence business Quickstep got an offer out of nowhere for double its sp. Do you think something similar could happen for HCL?
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