10 May 2023 - acquisition

Although we lost the holding of Kin and Carta from the Aggressive Growth Portfolio last month, as the share price fell through the stop-loss limit of 75p, we commented that it would be no surprise if the share price recovered strongly as there had been no announcement from the company to cause the share price fall.  The shares have indeed recovered a little and the company has expended its service offering through the purchase of Forecast Data for initial consideration of £3m.  Edinburgh based Forecast Data uses AI and machine learning to drive businesses forward . . .

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