Ugly and sexy – profits don't care about looks. Taking a deep dive into a Polish small-cap. (2)

Part 2: Business model, growth catalysts, shareholders structure and valuation.

Dear Investor,

Here’s the second part of my deep dive into a Polish small-cap company. Just a reminder, the company operates in a very interesting industry.

It’s not a pretty one, but there’s a good chance for sexy returns.

Part one is here.