In the world of micro-cap investing, the best story of 2017 has been Big Un Limited. The BIG ticker is up an enormous 1500 per cent this year, as the stock has catapulted from 25¢ and to as high as $4.98 – a whopping 20-bagger.
At that mid-November peak, the market valued the three-year-old online video start-up at four-fifths of the value of the Seven West Media empire.
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Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
