Many subscribers will have attended one of the Mello investor events. One of the highlights is always the BASH, where a panel of investors pitch ideas, and the rest of the panel gives their feedback. The audience votes on whether they are convinced by the investment case. In the last Mello in May, Damian Cannon, who is well-known to Stockopedia subscribers for hosting the Stockopedia Stockslams, presented a company I had never heard of, Ingenta (LON:ING) . This was unusual given that I thought I had a broad knowledge of most of the UK small caps. All of the BASH panel liked the idea, including me. However, the BASH audience was unconvinced, and most poll participants voted it an "avoid". Not to be one to be put off by the majority view, I bought some shares in the company after their recent results arrived and appeared to contain no nasties. But before making it a larger position, I wanted to see if the audience was on to something. Hence, I am writing this StockPitch article.
Summary
Ingenta (LON:ING) is a micro-cap, AIM-listed software and IT services provider, mainly to the publishing and music industries.The company has a...
