I know mate, it's unconscionable. I rate SL so highly as he has largely removed the centre of gravity away from the West Australian brokerage houses. Simon's visibility at the corporate presentation circuit shows he clearly understands the importance of catering to the retail investor. He also appears to understand how important it was to pitch the Spartan story globally. Picking up 1832 Asset Management was a masterstroke. Lastly, by using multiple West Australian corporates as lead brokers, he has created a competitive tension amongst them all, untethering himself from any one particular entity.
SPR Price at posting:
$1.35 Sentiment: Buy Disclosure: Held
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