I came across an FAA approval of a product for the US-based 110M MC company "Innovative Solutions & Support" (Ticker ISSC).
This morning I checked and it seems it is not yet in the index. From what I understand, they do serve travel & defense and they are actively pursuing activities to increase the share of recurring revenues.
It trades for $6.70, ~3 months ago there was an offer to acquire it for $7.25 in cash by Christopher Harborne. Seems that the chairman of the Board bought 10K shares in August around these prices.
Maybe that's a candidate, maybe you have considered it (and rejected it already?)
Hi Maj, all
I came across an FAA approval of a product for the US-based 110M MC company "Innovative Solutions & Support" (Ticker ISSC).
This morning I checked and it seems it is not yet in the index. From what I understand, they do serve travel & defense and they are actively pursuing activities to increase the share of recurring revenues.
https://substack.com/@compcap/note/c-68472520?utm_source=notes-share-action&r=l1sdn
It trades for $6.70, ~3 months ago there was an offer to acquire it for $7.25 in cash by Christopher Harborne. Seems that the chairman of the Board bought 10K shares in August around these prices.
Maybe that's a candidate, maybe you have considered it (and rejected it already?)