GEM used to be in the $5.60 mark, that was its peak. GEM started off at 10 cents too at one point, so that's one reason. EVO could very well get the same, in the perfect scenario buying now and selling anywhere close to it's peak such as $3 is a monumental gain. I believe it will go higher, it has the same business model and same successful directors.
Chris is extremely confident in the company and that is good enough for me.
I know the owners of the childcare centres he has brought in the past and turned around and the ones that he has refused to buy due to smart play.
We have good strong management here. It might be slow for a bit but a good one to get in early on.
I will update on any information i get but the biggest thing now is the investment of $100million to get the company on the right track with expansion into Australia. Childcare is a forever growing industry, it's never going to die.
EVO Price at posting:
9.3¢ Sentiment: Buy Disclosure: Held
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