This Bonkers Bargain looks ridiculously cheap!
Investment in a new digital offering is coming good for this company's specialist software offering. The sale of a subsidiary for a nice premium leaves the business in a very strong net cash position to support growth, with an intention to also return a large chunk of this to shareholders via a tender offer. The dramatic sell-off in its share price over recent weeks offers a compelling buying opportunity for patient investors.
Smooth (AIM:SMV), formerly ULS Technology (LON:ULS), supports residential conveyancers and related legal services through its eConveyancer product, an online comparison service for conveyancing used by over 4,000 mortgage brokers and financial intermediaries, lenders, networks and estate agents.
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