I remember my eldest son when he started secondary school used to get up early ,go to the local sweet shop and take a good stock of sweeties into school. He used to sell them at a staggering 300% profit to the kids who had gotten up late and rushed into school last minute. As I see it Avanti are holding a big old bag of goodies and an orderly queue is forming in the playground !
NAV £274m MCap £203m!! Exactly; and as you say, cash generative and escalating rapidly. Full listing next year but ISA able now and growing strongly before effectively becoming 'a dividend utility'. Lots of upside to come as directors can see and are putting money where mouth is. I suspect that there will now be news of the expected contracts 'signed-off' as the close period is now ended. Nice little outlook with solid assets greater than market cap and earnings stream flowing strongly.
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