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31st August 2023 | Southbank Investment Research Team

Your monthly issue of Small Cap Investigator will be with you a little later than usual due to a number of our team taking holiday in August.

We shall endeavour to get it to you as soon as possible. Please keep an eye on your inbox.

Kind regards,

The Southbank Investment Research team

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James Altucher James Altucher
Editor Sam Volkering Sam Volkering
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You don’t need more information to be a better, more profitable investor. You need better research. Here you’ll find investment ideas and strategies from some of Britain’s most experienced investors produced specifically for investors like you. Learn more about independent stock market research and advice from one of the UK’s oldest financial publishers.

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Important Risk Warning

Advice in Altucher’s Investment Network Pro UK does not constitute a personal recommendation.

Any advice should be considered in relation to your own circumstances, risk tolerance and investment objectives. Before investing you should carefully consider the risks involved, including those described below. If you have any doubt as to suitability or taxation implications, seek independent financial advice.

General – Your capital is at risk when you invest, never risk more than you can afford to lose. Past performance and forecasts are not reliable indicators of future results. Bid/offer spreads, commissions, fees and other charges can reduce returns from investments. There is no guarantee dividends will be paid.

Small cap shares - Shares recommended may be small company shares. These can be illiquid meaning they are hard to trade and can have a large bid/offer spread. If you need to sell soon after you bought, you might get back less that you paid. This makes them riskier than other investments in larger share companies.

Overseas investments - Shares may be denominated in a currency other than sterling. The return from these may increase or decrease as a result of currency fluctuations. Any dividends will be taxed at source in the country of issue.

Unregulated investments - The Financial Conduct Authority does not regulate certain activities, including the buying and selling of commodities. This means that you will not have the protection of the Financial Ombudsman Service or the Financial Services Compensation Scheme.

Taxation – Profits from share dealing are a form of income and subject to taxation. Tax treatment depends on individual circumstances and may be subject to change.

Managing Editor: Sam Volkering. Editors or contributors may have an interest in shares recommended. Information and opinions expressed do not necessarily reflect the views of other editors/contributors of Southbank Investment Research Limited.

Full details of our complaints procedure, privacy policy and terms and conditions can be found at, www.southbankresearch.com.

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Registered in England Company No 9539630. VAT No GB629 7287 94. Registered Office: Basement, 95 Southwark Street, London SE1 0HX.

Southbank Investment Research Limited is authorised and regulated by the Financial Conduct Authority. FCA No 706697 https://register.fca.org.uk/

© 2026 Southbank Investment Research Ltd.