Hey mmv621 Clearly not much is going on here given the lack of...

Hey mmv621
Clearly not much is going on here given the lack of replies.
My two bits worth ....
Objective are in a very difficult position right now. Their main offering is an application that was in demand 15 years ago due to the introduction of state records compliance - and i understand they were very successful - and therefore recurrent revenue (from support and maintenance) has continued to flow in. However, now that everyone has an EDRMS new sales are proving to be very difficult. Furthermore, "better/smarter/cheaper" technologies and solutions have entered the market and are replacing these older/bigger/clunkier solutions.
I understand Objective have released peripheral solutions to their key EDRMS solutions, but the $ value from these is significantly less that the traditional offerings and there is much more competition.
I have no doubt that management would have been in the market seeking a buyer in recent years - maybe that's why the share price has risen like it has - because the financial results don't validate why the share price has risen like it has. This is my opinion - DYOR.
Is this why there is now a retraction in share price? Upcoming reporting result fears?