Others have answered above but I think the easiest way to explain it is ignore your SP and think about Market Cap (MC).
It is much easier for a company with a market cap under say $500M to go 5x to $2.5B. But for a company with a $2.5B market cap it is far more difficult to go 5x to $12.5B. Even at $2.5B they’re a relative giant with a large workforce, expenses, operating/overhead costs, etc. So to quintuple that is difficult. Not so much for someone only capped at $500M, or less.
So if you’re wanting something that can go 5x or 10x, generally you can ignore the SP and look instead at market cap.
I can safely say, *only* retail investors look at a SP and think “gee, that’s expensive” (when it’s say $15 over $0.15). Both companies might have an identical market cap. It’s a pretty common occurrence and the reason why some poor souls probably sold out, because they saw they now had 8x fewer Boss shares, so they thought they had lost leverage/upside.
Anyway - good on you for being willing to question and get to the bottom of it. All part of the learning journey.
Cheers mondy
BOE Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
(20min delay)