Parity dashes across finish line

ITSA (IT staff agency)-cum-system house, Parity, dashed across the finish line yesterday, placing over 97% of available shares from its recent open offer (see Parity makes dash for cash). As we said at the time, we are not at all convinced that the cash will be directed to the ‘worthiest causes’ in Parity’s business, but for the sake of all ‘stakeholders’ let’s hope the top team of Philip Swinstead and Paul Davies really do know what they’re doing.