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Sale – Workspace Group

The second of our eight transactions for late December was the sale of part of our holding of Workspace Group - the London-based provider of space to small and medium-sized enterprises (SMEs) across the capital. We sold 2,300 shares at 23.78 pence a share on 17th December 2010 after buying in 4,300 shares at 22.87 pence in October 2010. After costs we've probably broken even. I still think that Workspace Group is undervalued and has great potential in the mid to long term - especially with the London Olympics on the horizon - but for the past six months it's been trading...