Virgin Wines Uk Takeover Rumours (VINO)

Jay Wright is a man with a vision, one might say a lot of visions. And he will be dreaming up plenty of ways to expand the business. I don’t believe VINO has enough clout yet to try for a reverse takeover of Laithwaites, and that business has been in transfer to the next generation for some time.But the likes of Tanners might be a target. (Averys went to Laithwaites some years ago, but operates independently within the group).The coming year will be an interesting one.As to share price, it should be a lot higher. The core business model and its central system is functioning well, the company is generating cash and is debt free. Working capital requirements to expand the company are low. Ideal situation.The only real factor to be tested is how much and how fast can they grow the business. And that will determine the share price.At the moment I think the company is somewhat under the radar . I believe that is about to change.