Maybe its stuck somewhere in the middle of small spec tech stocks and huge market cap blue chips - TNE rarely gets a mention in the media or HC.
A steady performer though and anyone working in a large enterprise or government department with exposure to the Finance, HR, Asset management or administrative area will likely have heard of Technology one products. Recurring revenue, sticky customers and whether users like it or not - an essential suite of products.
Looks like someone is slowly accumulating recently so see's value in the company at these prices.
Whilst it takes government and big companies a while to change, the ultimate shift to cloud - and hopefully the TNE offering - will be interesting to watch.
TNE Price at posting:
$3.69 Sentiment: None Disclosure: Held
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