RE: Canaccord £9.00 rating23 Oct 2025 11:20
In addition to this being a loss making business, many assets have been sold off to reduce debt resulting in a lower mcap.
Capita is a risk stock. It is a distressed business that is hopefully being managed back to profitability, however as has been witnessed before, any small bumps in the road will have a significant negative impact on the market. Equally, should very positive news be revealed the price will move quickly up, as has been witnessed recently. Ultimately it is a gamble, with the addition of political uncertainty this could be a very bumpy ride. Personally I sold all of my holdings a little while ago and re entered at a lower price and vastly reduced my exposure. I still believe this is a reasonable gamble, but not one to bet large amounts on. Good luck to all LTH.