Now to move on to our first stock pick for the portfolio, we’ll only do this one this week as I spent most the time waffling about potential good things to look for. The company we are going to look at is CloudTag Inc (LON:CTAG). This is a stock I hold myself. They meet the criteria specified in the first post.
- A spread around 5% .
- The share price is trading just shy of 5p
- Market capitalisation is £17 million
- 6 capital raisings since April ‘16 – all at the market price or at premium a price (one at a 37% premium!)
- Experienced management that have grown and sold businesses
- CEO sold Biosense, a medical device company, to Johnson and Johnson for $400 million