Q: Constellation Software has impressively continued to climb to new 52 week highs. Topicus and Lumine have been pretty stagnant lately. Do you expect some share price action from Topicus and Lumine in the next 6 months?
5i Research Answer:
All are aquisitive companies, and deals could be a catalyst for more excitement. But we see no reason why TOI/LMN should be stagnant while CSU rocks, other than CSU is bigger and better known. Both LMN and TOI are up nicely and well ahead of the TSX this year and the 'stagnating' might just be consolidation after gains.