Q: Propel continues to drop post earnings despite very good earnings and outlook. What do you make of this? I saw some insider sales recently but I assume that is to be expected after a large run up? Should I keep accumulating in this range what is the forward valuation now? Thanks
5i Research Answer:
We have multiple comments posted in the past 24 hours on PRL. We can't direct answers personally but view it as buyable today, and are not overly worried about the decline after such a big run up.