ASX:TNESoftware
Evaluating Technology One’s Valuation As Index Exit And Hyperion’s Sell-Down Shift Market Support
Technology One (ASX:TNE) is back in focus after S&P Dow Jones Indices announced its removal from the S&P/ASX 50, together with Hyperion Asset Management ceasing to be a substantial shareholder, prompting fresh questions around index-linked support.
See our latest analysis for Technology One.
Despite the index removal and Hyperion’s reduced holding, Technology One’s share price has recently pushed higher, with a 20.66% 1 month share price return lifting it to A$27.33. Its 3 year total...