Wendy D
- 07 Jun 2003 22:39
Having had my fill of the ramping at the other place, does anyone with any sense have any views on this company?
C&W's Real Time Nostro, powered by Gresham's software - the 'holy grail' of the banking industry - about to go live in October after several years of development with a steering committee, and with four major banks already committed. The major benefit of the package is that users involved in the Nostro system will know their liquidity to the minute, instead of having to wait until the next day to know their position at the close of the previous day. Said to be about to become the de-facto industry standard. There is little competition. Total market, according to the FT, of about $2.2 billion. As takeup moves along, a 'significant minority' of the revenue will accrue to Gresham.
A successful institutional placing just carried out, and said to be about to make it into the FTSE All-Share.
Just about broke 2 years ago, but now, it seems, has major investors queuing to buy.
Any thoughts? And, please, no ramping.
Kevjay
- 30 Sep 2005 15:17
- 21 of 21
This is a real roller coaster ride - anyone temted to jump on? The share price is very tempting today what with the further fall in the share price.