hi dig,
agreed.
even two quarters of strong growth in non-major sales is interesting. it says there is some demand emerging. and as you say, if you land a lot of small fish, my expectation is for bigger fish to emerge at some point.
so the big question is - will the breadth keep growing? or are qs1 and 2 an aberration?
wave's haste to set itself up for dilution is discouraging on that score. but if the growth was there and the price rose to reflect it, then grabbing some cash would make sense.