just spotted an article on the 2XU sports brand float. They are valuing it at 20 times EBITDA, very similar to the Surfstitch valuation. Given GLB's strong revenue growth and potential it should be looking at the same or even better given that dividends are back and likely to increase. Just my view but I reckon this will be a a $3 to $5 share in the next 12 months once more people start to wake up to their potential.
2XU
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Mkt cap ! $120.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| $2.87 | 174 | 1 |
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