Yes, I was particularly nervous about this technology stock because one of their main assets is their software...which is run & supported by their staff....And i heard that all the OVH staff wanted out and wanted to move on from Connies little draconian empire.
So i thought this was a huge risk, its not like say, an Oil & Gas company, where the Gas & Oil will still exist in the ground with such corporate turbulence. And also the fact that no one else seemed to be interested in it, so I thought that the whole company could simply dissolve, along with all its IP and its clients move on, if the SOA failed. And yes, i do not have in cash sitting in the side-lines ready for an opportunity. Say an averaging down if the SOA failed and i still saw value. But, yes I can now see your logic..and with cash ready to swoop on an opportunity. Who knows? And certainly, Fortune favours the Brave..very often. Cheers.
OVH Price at posting:
43.0¢ Sentiment: Hold Disclosure: Held