Redcentric28 Aug 2014 10:15
I am not invested here but now watching with interest. Am in Castleton which can be viewed as a sister company to this, albeit much smaller, as a result of similar management team. Castleton are embarking on a buy and build strategy with a mini-Capita in mind. We are particularly interested as Quantum, George Soros, has taken a stake here of 6.51 per cent, which bearing in mind his reputation we think is unusual in an AIM company. Jimarth, a lead member of our board, has posted here before., and won't mind me saying he is well up on Smith and Co., We see Soros' investment as a huge endorsement of our mutual management teams. I'm not seeking to push Castleton here, but it may be that our paths will coincide at some stage. Hypothetical perhaps, but who knows. Soros involvement here must be a fillip for Redcentric.