ASX:TNESoftware
Do Technology One’s (ASX:TNE) Downtrend Signals Recast Its Long-Term Software Leadership Narrative?
In recent days, Technology One reported that 30,270 options and 3,800 performance rights had lapsed after their performance or service conditions were not met, slightly trimming potential future share issuance with little impact on the overall capital structure.
At the same time, Technology One has appeared on an ASX downtrends list in technical trading scans, a development that may influence investor sentiment more than the relatively minor equity incentive lapses.
We’ll now examine how...