Yeah, surprising as the initial shot up was a meaningful one (to 88.5c).
It's fairly small volume (500k shares or 0.3%), so I think the funds haven't yet had a chance to review, get approvals & etc to buy a larger stake.
EPD is the last standing IT consulting company within the small cap space (there's smaller ones, but not within the $100m-$200m size), so it's a matter of time until it becomes a targeted pitch to Capgemini or another large player.
3.5c dividend on 77.5 is 4.5% net yield. Cash positive, high operating cashflow conversion, growth on all fronts. - no brainer to hold, I've added to my holding within the last hour before the funds get in and drive the price up.
This company is significantly undervalued and it's just a matter of time until price will balance out with value.
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