Funded for growth

In fact, that re-rating looks as if it is starting to happen right now because, with the company's share price closing in on a 55p high dating back to January 2013, a major break-out is on the cards. Indeed, from a technical perspective, there is no price resistance whatsoever until the price hits 80p, a resistance level dating back to 2008, thus offering scope for quite a dramatic re-rating. Beyond that, the 100p highs dating back to before the 2007-08 financial crisis are not unrealistic medium-term targets, too.