Not in a rush, page-15

Well, there you go.

Looking at snow on the ground in the European countryside, and a low-ball offer from Oracle on the screen. It makes you wonder. Were the big players in the short brigade somehow in bed with prospective buyers? Was their an attempt to cap the price, knowing that it would make a more attractive target? Certainly would explain the long term short campaign Anyway, any smaller shorters will certainly be running for the exit now.

I know I had an interim pt / valuation of around $7.60 on the share, but my long term target was much higher, of course. Aconex has so much potential, but of course LJ an RP have been holding 24% of the co for the last 3 years, and the market has not afforded them the chance to sell much of that, without a crazily negative reaction.

Price wise, it’s a big win for me, of course, but I had hoped for much more. 17 year journey for RP and LJ , and their spouses. Well done. Great accomplishment.