By Steve Moore | Friday 26 February 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
An announcement from ‘enterprise innovation management’ software and services company Sopheon (SPE) includes Chairman Barry Mence commenting “we continue to believe that we have a substantial opportunity ahead of us and we are delighted with our continued successful migration to a SaaS subscription model” and “this placing will help to provide greater liquidity in the company’s shares and meets with our long-standing objective of expanding our institutional shareholder base”. Hmmm – so a substantial opportunity but an expanded institutional shareholder base needed?…
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