new high, page-32

Marmaduke, i think you are mostly correct here.

Although, i will say that investors are comfortable paying a premium for quality management, consistent growth and strong free cashflow.

At $2+ is was probably getting a little ahead of itself, however, if it continues to deliver, it could be worth much more than that. Interesting to note nomura have recently put a $2.11 price target on it.

This is a company I would be happy to buy into at some point. Im probably not far away from gradually building a position in it. $1.50 would be a good entry price, but I suspect I will begin accumulating closer to $1.70.