This is Money’s Joanne Hart explored Augmentum’s growth to date and the current investment opportunity in her Midas Shares Tips column.
“Midas verdict: Financial technology is a specialist field, but it is growing fast and the pace of change is likely only to increase over the coming years.
Augmentum Fintech allows individual investors to access the sector, and the broad sweep of businesses in its portfolio means that the group is not reliant on any one type of firm or technology.
Existing shareholders have seen a 40 per cent rise in their shares. At £1.40, they should stick with the business. For new investors, the current fund raising provides a good opportunity to acquire stock at a discount.”
Read the full article here.