XL TechGroup offshoot

Down 10p since my recommendation in July (at 292.5p), XL TechGroup shares have had to cope with a 15 per cent fall in the value of Agcert, XLT’s offshoot engaged in greenhouse gas emission reduction projects. But Agcert’s half-year statement, released last week, shows it is continuing to pile up emissions certificates from the projects with which it has been involved and first revenues are not far off. XLT remains a firm hold.