£ 3.61 expensive?2 Jun 2017 11:31
There are some investors who will simply look at the £ price and balk at buying the share as somehow "expensive" and lose sight of the fact that it is STILL valued at a paltry £45m. In a mere 18 days time we will be told how the last trading year has fared - and remember that will ONLY be from the sale of ST.
Now project the growth for the next 12 months with the new income streams generated by new channels, expanded geographies, expanded product ranges, diversification of products, pending FDA approval of Leimo Headmaster, other product development, Stevie K expanded range, Charles and Lee development, ASOS distribution kicking in, Prolong etc, etc, etc.
I hate the phrase "multibagging" as it is bandied around so often as to be meaningless and yet here it seems to be apt. That is all IMHO and DYOR of course.