On Thursday, video technology company Big Un Limited (ASX: BIG) revised its revenue guidance for Q4FY17 from $8.15 million to over $9 million, an increase of more than 10%. The company is experiencing continued demand for its video subscription products and we expect this trend will continue over the next financial year. Shares in Big Un closed up 19.2% for the week. We own Big Un as a research-driven investment in WAM Microcap.
Chris is the Chief Investment Officer of Wilson Asset Management, having joined the company in 2006. He is also the Portfolio Manager responsible for WAM Capital (ASX:WAM), WAM Research (ASX:WAX), WAM Active (ASX:WAA) and WAM MicroCap (ASX:WMI).
Yes , I read about BIG UN during my research one night 2 weeks ago and purchased an initial small stake at .71c and are pleasantly surprised by todays price that hit $1.23 before profit takers sold. A good one for your portfolio.
Update on BIG. From my initial small stake at .71c today they hit $4.31 ... what a ride and on the way since July 3rd I have added to my small stake a further 3 times.BIG is beautiful :)