The fund manager now holds a 7,49% stake in the top ten accountancy company, with well over a million shares purchased.
The AIM-listed group’s shares have continued to fall following a profits warning last week. Revised profits for 2001 will be between Pounds 500,000 and Pounds 1m against an expected Pounds 6m.
Tenon’s share price dropped further from 85p to 75p today.
Revenue and profitability growth in on the rise for CPA firms, found a survey from the American Institute of CPA’s and its subsidiary CPA.com
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Carter Backer Winter has acquired Edwards Financial Services, expanding its financial planning department
New growth opportunities in Aberdeen, North East Scotland, are being invested in by Grant Thornton