Q: YOU CAUTIOUSLY LIKED THE PROSPECTS OF THIS STOCK A YEAR AGO AT .37 A
SHARE. NOW 1.90 A SHARE. 500 % UP. DO YOU STILL LIKE THE FUTURE
PROSPECTS? THANKS
SHARE. NOW 1.90 A SHARE. 500 % UP. DO YOU STILL LIKE THE FUTURE
PROSPECTS? THANKS
5i Research Answer:
Yes; it is now over $1B market cap which can bring out new interest. Momentum of course is very strong and we are positive towards the sector. It provided a corporate outlook in early January which looked very good. It is getting new brokerage coverage. There has been some insider buying. The sector needs to co-operate but we think it still looks good for higher risk investors.