Cheap and cheerful
Results and updates from AIM covered in our free update here include a couple of lowly rated companies whose shares could offer strong recovery potential. There were also updates from two of our previous Bonkers Bargain and Stonking Small Cap opportunities.
Smart acquisitions Smart Metering Systems (AIM: SMS), the energy infrastructure company owning and managing smart meters, grid scale batteries and other carbon reduction (CaRe) assets, has made two strategic investments. SMS has invested an initial £2.0m to acquire a 25% shareholding in Clenergy EV, a software business with a Charge Point Operator (CPO) platform focused on Electric Vehicle (‘EV’) charging infrastructure. Clenergy EV's customer base is in the public charging and fleet sectors, with its platform currently being used in more than 1,000 EV chargers across the UK. SMS has the option to invest a further £2.0m after one year,…