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02/06/20
06:56
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Originally posted by LateralThinker:
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My posts are open, as far as I know. Will check, as I was unable to search my own posts. That may be a setting issue on HC. Yes, a bit bearish on the stock - but was quite analytic. You will find it hard to dispute my predictions - where I made them. 1. SP to fall below 30c by December 2019 - OK, it did not hit that till Feb 2020 2. OVH's security on the PPSR was not "perfected" - other creditors and the liquidators agree - and today's first market announcement effectively confirms that 3. SP on or below 20c would trigger a takeover - bids would be at least 6-10 weeks in the making, helped by a fall to as low as 10c - the share price fall DID trigger this bid 4. IRESS would be likely acquirer because of the relationship with OVH selecting to use IRESS's Acurity system - effectively killing off the OV5 (originally called OneVue - hence the company name after Connie took over) legacy system.I am full of it - it being useful market analysis!! I think the accuracy of my posts hold water.
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Sure no worries guru. All that matters is the Arb guys will soak up all the shares they can at 38 cents, and take that 2 cent spread; just about risk free as its a scheme, raising is done and boards have accepted. Its a done deal imo.