RE: Market Cap Only 7m13 Dec 2020 16:09
I agree with Giles from a caution perspective.
It would be crazy to take one months AUM increase and expect that to happen month on month, there will be good months and bad months - the important thing is that the trend points upwards and AUM is accumulated.
The talk of someone buying ALGW at this point is crazy in my humble opinion, it's a nano company where the value lies in a small handful of people.
It would be too risky to buy them at this stage, once AUM reaches a point where significant ebit is being achieved then an acquisition will be much more likely.
As we've seen in the past on this board, people saying that 'they've heard things', or spoken to GS and he's mentioned something but it can't be discussed.. nudge nudge, wink wink.. always turn out to be nonsense.
I believe ALGW have a very bright future, they are promoting themselves much better than they have historically done and are starting to gain some traction - they are at the beginning of a long journey.