And why has the chairman decided to move on after the next AGM? (He was one of the key cash-raisers during all those tranches of equity that have gone south.) What was the big selldown of shares that ratcheted the price down from 14 to 10-11 cents the other day? With three rag-tag, disparate products with installs all over the world and facing heavy competition from the likes of Sungard, Misys, Reuters, Calypso, etc., it hardly makes an attractive takeover target.
ITE Price at posting:
0.0¢ Sentiment: Sell Disclosure: Not Held
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