Flurry in Stock Market Listings Coincides with SLI Systems Downward Spiral
August 12, 2014
The article titled SLI Systems Plunges to Lowest Since Listing on TVNZ discusses the recent burst of listings. SLI Systems is a company that provides site search, navigation and “user-generated SEO.” SLI’s share price shows the pressure findability vendors are facing in today’s marketplace. The stock fell over seven percent and remains just above its initial public offer price of $1.15. The article states,
“The local stock market is experiencing a flurry of listings which is spoiling investors for choice after it got a shot in the arm from the government’s partial privatisation last year, and the recent listings of software developers Gentrack Group and Serko have only added to tech investments available. Next week, IkeGPS Group, which sells a range of portable measuring devices, plans to list while Vista Entertainment, the cinema software and data analytics company, is due in August…”
Paul Harrison of Salt Funds Management, believes that the flood of listings is not the only culprit for falling prices. Instead, he suggests that certain stocks were simply priced too highly and the current downward trend is a “hangover” following the initial “frenzy.” Other affected companies mentioned include Xero, the accounting software firm, the biotech company Pacific Edge which was unchanged, and Diligent, which also fell in price.
Chelsea Kerwin, August 12, 2014
Sponsored by ArnoldIT.com, developer of Augmentext
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Thou shalt not make it all about thyself – Good marketing isn’t
about you, it’s about your customer. Also you can see if the subject you
picked doesn’t land your email into the spam folder.
Well, one viable option could be presented but sending an interactive pop-up mailer.
stump grinding Liverpool
Flurry in Stock Market Listings Coincides with SLI Systems Downward Spiral : Stephen E. Arnold @ Beyond Search
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Those who are ready for a change at quarterback aren’t ready for a change in the
quality of regular season play the Eagles have enjoyed over the last decade.