We believe that the share price fall following the trading statement is an overreaction. While trading on the UK high street is likely to remain challenging until there is greater clarity on Brexit, Warpaint has put in place a strong international growth strategy. We have included a better-case scenario in this report which shows a more rapid increase in profits as operational gearing kicks in vs the forecasts below. With a progressive dividend policy providing an underpinning to the share, w ....