Those who were expecting this to go the moon upon announcement, this is just a reminder of what has been the pattern previously. If you were around when VTX made their acquisition announcement, you'd remember the initial market reaction, - if not, you can check out the thread here
http://hotcopper.com.au/threads/ann...optimisation-network-co.2535675/#.VqBy349OLmI
The initial reaction was subdued as the market digested the news and the share price floated between 2.3 and 1.8c for days, giving plenty of time for people to accumulate.
When the brakes finally came off, we all know what a run that was! Yes there were several pull backs along the way, but what an incredible run! VTX shot up as much as 8c intra day at its peak.
Those who got in and got set even days after the acquisition made a killing, one of those investments which dramatically changed people's portfolios.
If you read through the numerous threads of VTX at that time (before the spike) and SRT today upon acquisition, the parallels are remarkable. The terms of this acquisition are fantastic, the sector, the hottest possible one, and the man in charge has an astonishing amount of teeth in the game.
I would be a very very brave man to bet against a substantial run in the weeks ahead.
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