Share movement9 Oct 2018 12:43
The report from Matt Earl has sent the share price down which we have all seen, perhaps the company was a little overvalued, but I think it will level off, The founder owns 30% of the shares and other major shareholders own a further 20% now if you look on the news feed , not one of these major shareholders has changed their holdings so they are not convinced by the likes of MATT Earl nor am I he is trying to stitch a few things together to beef up his report. FD on the other hand is recruiting 1000 graduates over the next few years, it is buying the remaining % of Kx it does not already own and it trades worldwide so is not going to be effected too much by Brexit or only in a positive way IMHO. I think it is a well run company that has expanded organically and through aquisitions, more shares have been bought than sold in the last couple of days and today so lets see if any of the big shareholders add to their postions or sell shall we.