https://www.********.au/2017/10/27/why-the-big-un-ltd-share-price-is-up-1000-in-12-months/
Another uninformative post by the fools. Also how is $0.125 to $2.50 1000% gains? Wouldn't it be 2000%???
Anyways, its certainly hard to value a growth stock such as big, as at the end of the quarters we look expensive, then within a month or so with 50-60% revenue upgraded forecast we just appear cheap again. At this rate $1bil is not out of the question by the end of this financial year. We may even fly past it if growth continues to accelerate. This quarter forecast will be very interesting! If its 50-60% growth or more then I imagine another rerate is on the cards!!!
BIG Price at posting:
$2.53 Sentiment: Buy Disclosure: Held