AIM listed wealth manager and administrator Mattioli Woods is on an acquisition spree, paying a premium price to gain a bigger presence at the private equity table – we just hope they aren’t overpaying. This and other small cap news, including a nice return from one of our Bonkers Bargain selections, is covered here.
Bonkers Bargain cash return
Zegona Communications (LON:ZEG), one of our Bonkers Bargain selections, has committed to return £335m to shareholders in cash. That is a swift c50% return since we first suggested Zegona looked a Bonkers Bargain.
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