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.
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