News blog

DDD Group

• BY: Andrew Hore |
• POSTED: 28/08/2013 |

Octopus Investments has increased its stake in DDD Group to 3.16% following the recent poor trading statement. 

Octopus acquired an additional 700,000 shares on 27 August. This has not been enough to stop the share price falling even further. At 9.13p a share, down 1.25p, DDD is valued at £12.3m.

A reduction in interim revenues of 40% to $4m is estimated by the company and this was revealed five days ago. The news followed a number of positive licence announcements.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFAugust2013_47.pdf