4055 days ago
Shares in AIM listed tech stock Enables IT (EIT) formerly Nexus have zoomed ahead over the past few days and now trade at 32p valuing the business at £4.75 million. Notwithstanding that bounce this is still one of my least successful tips from my years at t1ps. At least I take some consolation from my efforts to remove the old management team who were useless and bring in a new team that has reversed a decent business into Nexus. Had that not happened I fear that this one would have gone under.
But why have the shares raced ahead? Simple.
