ACX 0.00% $7.79 aconex limited

Ann: Aconex Board Recommends Acquisition Proposal by Oracle, page-14

  1. 1,380 Posts.
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    I'm relatively happy having bought at 3.90 with a 100% profit, but it will be less than 12mo so ill cop a fair bit of CGT which is a shame.
    I also agree with sentiment that this was going to be a nice longterm growth play like may SAAS companies before e.g. XRO REA and thus even a 100% profit in a few months feels a little shortchanged.
    Lets hope for a superior proposal and lets at least enjoy the smell of shorts on the bbq.
 
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