Reality check for IPO investors on AIM
A relatively recent arrival on AIM has seen its shares tumble on disappointing results and it could be a while before we see the IPO price again - watch out, there are plenty of other over-rated AIM newcomers out there!
Made Tech: reality check
Made Tech Group (AIM:MTEC), the provider of digital, data and technology services to the UK public sector, saw its shares tumble as results alluded to staffing and cost issues.
As we commented in our IPO update here, the market capitalisation of £180m on IPO didn’t leave much room for error and the shares are now under half the IPO price. As we suggested at the time, those seeking exposure…
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