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Market just starting to wake up to the massive runway of growth ahead of them. You don't take a 30 cent share, i.e.Dec 2013 - " Cash outflows from Operations improved in the Q2FY13 quarter as a result of continued revenue growth across the portfolio and revenues of $330,000 in the current quarter from new business initiatives previously announced on which the cash outlays for the cards had already been paid in the previous quarter. " to a $467M market cap if you don't know what you are doing. As we all know the small cap market is littered with failed dreams, would be first time CEO's that didn't cut it, a great idea or product that nearly caught on but didn't. Past behavior is a good predictor of future behavior - just ask your wife/girlfriend/husband/boyfriend ! My point is that Tom Cregan has steered EML from an insignificant nano cap to a very well respected small cap....and not that many make it. It's becoming apparent Tom is now steering EML to a $1B mid cap. Some can see it, some cannot. What I do know is that he is capable of steering EML to a $1B market cap - we are in safe hands.