Business
ELMO (ASX:ELO)’s disappointing Supreme Court decision revealed
ELMO Software Ltd (ASX: ELO) shares were on the rise today despite news circulating that the software developer has suffered a setback in a New South Wales Supreme Court case. By the market’s close, the ELMO share price was trading at $5.23, up 3.16%.
In comparison, the All Ordinaries Index (ASX: XAO) closed down 0.63%.
Let’s take a closer look at the Supreme Court decision.
What did the Supreme Court decide?
The Elmo share price finished in the green today despite news spreading that, in an interim decision before the final hearing, the NSW Supreme Court placed a temporary injunction against David McMurchy and Arumugam Kumaran from…
-
Noosa News23 hours agoWoman dead and man rushed to hospital with gunshot wound following crash near Aussie World on Queensland’s Sunshine Coast
-
General22 hours agoSummah Richards, 12, mourned after fatal e-scooter in Laidley, Queensland
-
Noosa News23 hours agoMan arrested after police chase: Driver shot, woman dies in crash
-
General23 hours agoBoy’s drowning adds to ‘most horrific’ Easter toll