I am taking a dollar each way here. A 50% premium to the current share price takeover is always a nice surprise for myself and other parties holding stock.
We are also NZ resident shareholders so we do not pay capital gains tax.
Oracle got a bargain because the future of this business is very big and it is a great fit with their current offerings.
Only downside for me is where to invest the proceeds - can I find a business with as much potential as ACX?
Merry Christmas![]()
- Forums
- ASX - By Stock
- Ann: Aconex Board Recommends Acquisition Proposal by Oracle
I am taking a dollar each way here. A 50% premium to the current...
-
- There are more pages in this discussion • 138 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TLX
Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some