Simon Thompson 

Pelatro repeat buying opportunity

Simon Thompson

Simon Thompson

Investors were clearly unnerved after Suresh Yezhuvath, the brother of the co-founder and chief executive Subash Menon of Aim-traded software company Pelatro (PTRO:78p) decided to sell down his 7 per cent stake in the company in early April. In fact, the share price has since retreated 20 per cent from a post-IPO high of 98p and is now back around my entry level when I suggested buying the shares ('Pelatro: Big data, big profits', Alpha Report, 4 February 2019).

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