With the US bond yield curve now well above inflation, we maybe about to enter another period of PE expansion in the market as bond yields cool back to long term averages. High organic growth businesses such as MAD, may be bid up into the 30-50 PE range. In that environment a share price of $9 is certainly possible. I have seen stranger things happen.
MAD Price at posting:
$7.12 Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)