2 weeks ago markets questioned whether events that impacted sales and margin in Q4 would be positive for G4M. But today’s update clearly confirms the benefits of big changes in the competitive landscape, with 1) a great asset deal from GAK’s administration, and 2) sales growth reaccelerating to >10% in the last 30 days (since GAK/BAX ceased trading). We said we would look for downgrades to reverse as G4M’s market position and growth potential strengthen, and this update is a big step forward in ....