Betaville Intelligence

RARE ALERT: Telit Communications said to ... - Part 19

Friday, 15 January 2021, 8:47 am

So, it would appear the chaps at Dbay weren't the only investors hoovering stock in Telit Communications, the Aim-listed 'internet of things provider' last week.

Richard Griffiths - one of the savviest small cap punters in London market who is also known as the "Welsh Wizard" - also took advantage of last week's shortlived dip in the share price following the company's decision to end talks with U-blox, the Swiss chip group.

According to regulatory filings, Griffo increased his position from 6pc to just over 8pc of the company via complex financial instruments.



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