Three brokers now have this as a strong buy and it is a standout takeover play by an overseas engineering software group. Financially strong with no debt and only 50m shares.
It had gone through an extended period of consolidation shareholder wise with most of its stocked turned over between $1-$1.50 area so vulnerable to an offer at $2+
Is number one market share in the asian pacific and has 6%+ of the world market automation software. The stock has been as high as $9 only a few years back.
The company has a website with a bimonthly newsletter update....very interesting and indicates a large increase in sales during the last few months particularly in Europe.
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