FCL (Does itshort for fickle?)
Hi James, on 28/10/20 you commented "we have a new tech analyst at Shaw, Jules Cooper who comes very well regarded. He’s just initiated coverage on a number of small / mid cap ASX software businesses including: BUY recommendations on; FINEOS (FCL, $5.84 PT)." Price at the time was about $4.60. Since then the stock has never looked like making a serious assault on the PT and during 2022 has plummeted from $4.60 to $1.60. I know you were astute enough not to add it to any MM portfolio but what is your current view of the stock?