Another AIM company receives an approach

20/12/2022 · Tavistock Investments (TAVI) · Velocity Composites PLC (VEL) · Xpediator PLC (XPD)

Another AIM company receives a low-ball offer while there was a great news for a beleaguered micro-cap and an acquisition for one of our Stonking Small Cap opportunities

Tavistock Investments – short on detail

Investment advisory group Tavistock Investments (AIM:TAVI) announced results for the six months ended 30 September 2022.

This is a period of transition with the focus being on replacing the contribution from the Company's previous investment management business, Tavistock Wealth, which was sold in August 2021 for a profit of £36m.

Revenue in the 6 month period rose 16% to £17m but the operating loss was £470k. The…

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