Another Misunderstood Spin-Off, page-49

Put it this way:

As you can infer from that referred post, I was at the time a $6.50 man.

Although - as you can also see - I initially expected to get there, from the $4.00/share starting point, at a pace of around 15% pa. That double that annual return expectation has been delivered to date in one-fifth of the time frame just goes to show how such exercises should always be considered to be merely indicative, rather than prescriptive.