ELMO Software was featured in an article in The Motley Fool this week with updated quarterly details on ELMO Software’s performance and why growth investors should be excited about ELMO shares (ASX:ELO). See the full article at https://www.fool.com.au/2018/04/30/3-reasons-why-growth-investors-love-elmo-software-ltd/.
ELMO was mentioned in Money Morning’s article on Small Caps 101 – The Tiny ASX ‘Extreme’ punts that could hand you a small fortune. In this article, learn how small cap shares (like ELMO shares, ASX:ELO) work at https://www.moneymorning.com.au/20180413/the-tiny-asx-extreme-punts-that-could-hand-you-a-small-fortune.html.
While some shares are down, ELMO shares rose 3%. See how shares like ELMO’s ASX:ELO are moving in the market in the article by Rask Media – ASX 200 Flat as Afterpay Touch Group Heads South at https://www.raskmedia.com.au/2018/04/04/asx-200-flat-as-afterpay-touch-group-heads-south/.
While the week before Easter is generally a slow one, several companies, including ELMO Software raised capital leading up to the break. Up to $85 million in four days! To read the entire article in Smart Company visit https://www.smartcompany.com.au/startupsmart/advice/startupsmart-funding/week-before-easter-85-million-startup-funding/.
ELMO recently completed a $45 million capital raise. Proceeds from the placement will be used to fund future acquisitions, strengthen the balance sheet and also support ongoing research and development, sales and marketing efforts, and general corporate purposes.
ELMO Software has successfully raised $45 million, $5 million in oversubscription. To read more on what ELMO is planning to do with the extra capital, visit the Business News Australia article at https://www.businessnewsaus.com.au/articles/elmo-software-completes-oversubscribed-capital-raising.html.
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