This company has a reputation for very conservative management, therefore I won't be surprised if this will be upgraded again in February. Their sales pitch appears very transparent and their main focus would tend to be a burgeoning market where trust is somewhat lacking from the big guys and a niche well liked competitor could make huge inroads. Once the company have dispersed enough shares to the market to make a meaningful holding available to institutional investors this may see a rerate in 2017 and beyond. A key will be their willingness to offer a dividend. If they do I won't be surprised to see this springboard into multibagger territory. GLTA
FIG Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
