Class Limited IPO, page-48

Yes, a very classy result reported. Solid increases to revenue & profit. EBITA margin increasing from 35% to 45% is particularly pleasing.

Was watching CL1 with interest during the IPO rollout but was reluctant to purchase once listed when the SP spiked & settled at $1.80 - $1.90 range. I felt it was a bit overvalued.

However once I took a longer term view of Class, I was prepared to purchase at $1.89. Very glad now that I did.