Sigma update leaves shares unmoved

Sigma Technology Group (tipped here in August at 21p) provided an update on its investments on Friday that failed to move the shares – currently 14.5p. The update showed a lot of activity on the new investments front and progress with existing investments. But it had nothing new to say about the deal with IP2IPO to link up with Scottish universities to develop their technology. It is this that matters short-term.

However, with the share price now pretty much in line with net worth, there is still a good case for persevering here. Hold.