100 bagger in the making?27 Aug 2021 10:57
There is a feeling of inevitability on this one, it is only going one way, and that is north.
It is not a pie in the sky, jam tomorrow company.
They are producing and selling NOW.
These agreements, such as those announced today, will continue till the companies products are in millions of outlets, or they get bought out by a 'bigger' player.
It is not a get rich quick, high risk, investment, however that does not diminish the opportunity, as the multiples that will be made here are very large, it will just take some time, however, that timeframe is becoming clearer all the time, and news has been significant since listing, both in magnitude and speed.
The key here is getting a decent holding cheaply, buy at 14p and you get double the profit than you would buying at 28p, with a very high growth company like this that difference could end up 10's or 100's of thousands of pounds.
Real value will come once revenue figures start being reported, and after a series of revenue figures, once growth is established, the multiples should grow as growth becomes clear.
Fill your boot time at these prices IMO.
Aberdeenman