I was on a Investment call with James and Peak asset management this Morning, James said he Believed the company was highly undervalued which is why he continues to buy more shares, he mentioned he didn't think a credit raise would be needed in the near term and the debt facility they have could cover extra capital needed, he was asked why the company is flying under the radar and mentioned that a writer was making a report for institutional investors and there may be a newspaper column after reporting season which will boost awareness. He mentioned a collaboration with a large magazine business in the USA that would not be price sensitive but could help boost product exposure. I brought in to CLB at Ipo and after a couple of interesting years its great to see them starting to build onwards and upwards.
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I was on a Investment call with James and Peak asset management...
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