It has dropped on relatively low volume probably someone selling out their position and not much buyer interest in this current market. Based on their last business update and the news of confidential negotiations, the current share price appears to be good value. If the volumes were much higher, I would be more concerned but I also think that it is a good long term buy.
News: ELO ELMO Software Confirms It Conducted Exploratory Discussions On Change Of Control Proposal, page-7
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)