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Why investors are forgiving Alexon for Dolcis and Bay Trading

In practice:
When diworseification pays
I don’t usually find inspiration for good companies at cheap prices in Money Observer’s tables of highest risers, and biggest fallers. The tumultuous price movements of the shares are often indicative of rampant speculation, and not the kind of dull but worthy companies I favour.
Nevertheless, Alexon (AXN), a ladies’ clothing retailer, [...]