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Imo BIG is going to be one of the best businesses on the ASX....

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Ryzie

3,795 Posts.

1980

12/01/18

14:13

Post #: 30259667
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Originally posted by Gusman1974 ↑

To put things into perspective, the last couple of years was a trial run to check the business model works in a small environment (AUS) before expanding into their main target (US). It is frustrating to watch the SP retrace but I think the majority of this is options overhang, this in turn leads to lack of confidence and therefore people sitting on the sidelines. When the overhang clears the SP will move up for no clear reason and then the sentiment will change and the re-rate begins.

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Imo BIG is going to be one of the best businesses on the ASX. The future is extremely bright.

BIG Price at posting: $3.33 Sentiment: Buy Disclosure: Held
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0 Great analysis

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