RE: Hold or sell?23 May 2020 23:16
If it got elevated from the FTSE250,then the sp would drop further as funds that are limited to the FTSE 350 will need to sell.
Thankfully, it’s not going to drop out of the FTSE250... this is my 3rd largest holding and I’m confident that post ago the price will star to rise steadily, it may take a while to double but it will get there and hopefully keep going.
JL has already stated that the sell off was over dine in his opinion, Capita is a complex beast but they have a lot of low hanging fruit when it comes to driving operational efficiencies.
I am concerned about their digital capabilities however they will be able to buy these in.