Hmm, the odds of CBA signing in the next 2-3 months with Intiger are pretty high, in my opinion. The flirtation and courting process has been three years. They’ve danced cheek to cheek on the dance floor, fed eachother strawberries at sunset and swum naked under the moonlight.
It was a cheeky tactical manoeuvre by Intiger to withdraw from CBA merely a week before CBA have to respond to RC about regulatory issues. (End of May, right?). What are CBA going to say to the RC now? You don’t know what you’ve lost until it’s gone.
Yes, us poor shareholders have to experience these catastrophic lows and how can we avoid another cash raise? But we will suffer for the greater good, and for Intiger’s future.
I will remind everyone that Intiger is still operating within a normal timeframe, and indeed is probably on the early side with respect to the maturity of Fintech.
I don’t think Intiger will necessarily release a detailed prose on the CBA non deal. I think the potential deal is still simmering away nicely, only to be unveiled in a few weeks.
Shakespearean lover’s tiff. And this ain’t no tragedy.
WB
IAM Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
