Undervalued15 Nov 2020 14:05
Expecting tr1 increase in holdings soon. Free float reducing. Business has been resilient to the current pandemic, multiple contracts been renewed over the past week or soo which am sure client wouldav done due diligence before renewing. Government based share. Also with takeover rumours which didn't materialise implies, theres apetite for potential takeover offer with how cheap the share is at present. If g4s and talk talk had offers, what's stopping capita being taken over. Not only that, the recent trading statement shows business is increased profits given the pandemic, more reason to take over whilst its cheap. Divividends will follow eventually and that would probably be when the price is already in the pounds rather than pences. Imho