Less than a month ago, I posted about Spice Private Equity. In the meantime, the sale of its stake in Leon Restaurant has been completed and the majority of the cash received. This is, of course, good news and the share price bumped from less than $10 to almost $16 per share.
Last month, it was outlined that the target price is around $15. Even under the most optimistic scenario, it is a ‘present’ that the price increase has happened so fast and why not lock in the profits reached in such a short time frame?