Eleco – “pleased to provide” half-year trading update, valuation still too high?
Previously writing on construction software company Eleco (ELCO), in May with the shares down to 88.5p I concluded that the valuation didn’t look to discount the risks and thus still avoid / sell. What though now with the shares last closing at 70p and a trading update the company states it “is pleased to provide”?
- By Steve Moore
- 2022-07-27 11:24:30