Q: Hi Peter & Ryan,
I usually stay away from situations in which there is a share consolidation, as it rarely represents a good news story. However, I have been intrigued by Yangaroo (YOO). Since August, they seem to be doing everything right. I realize they are tiny and it is not a significant holding, but I am wondering if you follow it and can comment on the new structure, their outlook in terms of earnings and any other insight you can provide. They will soon be debt free and expecting a very solid next 12-24 months in revenue growth.
Thanks,
JS
I usually stay away from situations in which there is a share consolidation, as it rarely represents a good news story. However, I have been intrigued by Yangaroo (YOO). Since August, they seem to be doing everything right. I realize they are tiny and it is not a significant holding, but I am wondering if you follow it and can comment on the new structure, their outlook in terms of earnings and any other insight you can provide. They will soon be debt free and expecting a very solid next 12-24 months in revenue growth.
Thanks,
JS