While I'm glad to see the price rising and giving people a chance to escape, I can't see what is driving it. Two investors from the States? Revenue is still small and non-core business dominated. Transactions are small and growing slowly. None of the big deals which drove the price all those years ago (Amazon, NA Williams, CBA, everything) has come to pass and the new ones are almost ignorable (11 pizza hut stores in the UAE, home delivery of the most expensive beer in the Philippines where a home brew costs about $0.10 a bottle).
It just seems like a completely unsubstantive run. But it's so big and has lasted so long. Makes no sense to me. Anyways, good luck.
GSW Price at posting:
55.5¢ Sentiment: None Disclosure: Not Held
