Posted on ADVFN10 Mar 2025 10:20
There used to be a company called Olivetti, an office equipment company listed on the LSE. It somehow had a small tech division that it subsequently demerged and listed separately on the LSE. That company was called ARM, the now famous computer chip company.
There used to be a company called Racal Group Plc with several divisions, which it had subsequently demerged and floated onto the LSE. One of them was called Vodafone.
There was and still is a company called Dixons, which had a small division specialising in internet in its early days. There was no broadband, and internet was in slow analogue dial-up mode. Anyway, it produced thousands and thousands of disks to be distributed free to anyone who would pick them up at the stores. Customers would be able to hook up to the internet for a month for a free trial period of one month. The stores ran out of discs and manufactured a lot more. Out of nowhere Dixon's division had literally hundreds of thousands of new subscribers. That division was demerged and floated onto the LSE, and once was valued at £1 billion.
The child became bigger than the parent.
I am telling you these old stories which are unrelated to GEX, but there is something worth mentioning. Certain things achieve great heights by design, and certain things achieve great heights by accident or as a neglected by-product.
GEX will achieve its goals by design methodically. Some share prices multiply quickly on a discovery (whatever it is) and some shares climb steadily over the years. In the case of GEX I anticipate a supernova. It will feature in headlines in the press, and its valuation will eclipse some of those giants of today.