Honeycomb IT targets share issuance after strong Covid-19 performance
2020 downturn spurs trust on for revival
Matthew Potter of the Honeycomb investment trust
Pollen Street's Matthew Potter hopes strong capital preservation through 2020's economic downturn alongside the disappearance of high-profile, large shareholders Neil Woodford and Mark Barnett will help propel Honeycomb IT back to a premium and enable it to raise cash and grow through what he believes will be "a good year" for the trust.
Potter said the damage Covid-19 wrought on the UK economy last year had given Honeycomb the chance prove it could provide a high yield alongside capital preservation and downside protection during stressed...
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