COMAIR ASPEN CURRO
Curro has announced details of the Stadio unbundling with existing shareholders at close of business on 2 October receiving one Stadio share for every Curro share they held. Trading of Stadio was due to start the following day. The Curro share price has been under serious pressure this year, topping 5 100c before selling off to a current 3 800c. The unbundling will see the share drop more as it “loses” Stadio, but the share remains expensive and my preferred entry to this sector remains ADvTECH*. A last important point is that Stadio can be expected to make a number of rights issues to fund the business as it is still very much in start-up mode, whereas the traditional Curro has matured and likely no longer needs extra cash for growth. ■ email@example.com
*The writer owns shares in ADvTECH.
The field of big data is globally competitive and I would want some strong sets of results published before I would get involved here.