Simon Thompson 

Mercia’s asset management value creation

Simon Thompson

Simon Thompson

Shares in Mercia Technologies (MERC:31p), a cash-rich fund management business that also invests in some of its investee companies, rallied 30 per cent to 39p after I included them in my 2019 Bargain Shares Portfolio. However, the share price has since drifted back towards my 29p entry level on profit-taking, thus offering a decent repeat buying opportunity and a timely one, too, ahead of annual results on Monday 8 July.

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