(Image source: http://www.forbes.com/companies/silverlake-axis/)
Just some background to the company. It's a provider of digital economy solutions, selling products such as Silverlake Integrated Banking Solutions to banks to process their daily banking transactions, provides outsourcing for credit and cards in Japan and core banking, retail and payment solutions for their customers. This business model from what I understand seems quite good as it provides software ......Since I haven't done a share analysis in a while, I'm going to cover Silverlake Axis in this post, it's one of the shares that has been hit badly in the current market. This share has dropped from around $1 per share to a price of $0.45 yesterday and then climbing to its current priceof $0.55. So, is it worthwhile looking at this share as an company that is just having a bad day or is it on its path down?