RE: Why i missed the CARD opportunity - the Dec-19 drop6 Apr 2021 07:38
No reason for the rise? They bridged the gap to store reopening and took out the refinancing bit out of their press release, suggesting no cap increase on its way. And even if they were to raise 40m by issuing 20% of equity, it’s a 100p stock at 7/8x PE. Massive pent-up demand for birthday parties, weddings etc while their two main competitors are in administration.
You’re all missing the forest for the trees.