RE: Take over bid??28 Nov 2020 10:29
I think this is key.. “ Unlike rivals such as Zoom and Skype, which have targeted the mass market, LoopUp’s focus is on professional services companies — especially law firms. Even before the pandemic, LoopUp was shifting its focus away from more non-professional services customers”
If I had a company with 100+ employees I would expect proper onsite training/set ups and also offers secure clearer connections, zoom does not offer this service.
The mass market is only 14% of LoopUp (not a priority) I’ve seen a lot of positive reviews of company’s changing over to LoopUp also.
In my option this is a great solid company, even before the pandemic. It’s clear the main reason for the drop yesterday was obviously big sellers, let’s not forget there was also big buyers this stock is high in demand..
I just think it could be a bumpy road, extremely confident we will see £1.30+ in short period of time.