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Oldtimer72

382 Posts.

184

02/03/16

11:03

Post #: 17163886
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Originally posted by The-Schwartz ↑

The market consensus and sentiment agree; the deal announcement is coming - If the deal was not happening we would have definitely heard about it by now (we saw how fast ASX pounced for speeding ticket, so withholding a failed deal would draw much more intense investigation). The silence has also been telling - they know they finally have one in the bag (after years in the wilderness) and are doing everything to make sure it sticks

I also believe Today would be optimal and likely for the ANN. Alex likes mid week for good news and the ASX is going to be a green fire today after a big rally in US and Europe - Today is as good as it gets.

However (yes there is always a 'however' with me) pay attention to @serena and her chirping about the content of the deal - She is our coal-mine canary. I trust Al about as far as I can spit into the face of a Cat-5 Cyclonic wind. We could see massive dilution (i.e a billion or two new shares) as part of the sales agreement, a Trading Halt and SP consolidation - anything is possible with this bugger. That said if they get Gridcomm it will be impossible that we don't make at least a few pips - so ruin would be off the table - but we may (and probably will) be cheated from our 10-bag pipe-dream.

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Let's say when the deal is announced gridCom receive 1B shares...at current SP of 1.7c the market cap will be approx. $25m...I would suggest this would be too low for a proven IOT company with growing revenue and a global opportunity...the prospectus will reflect the new entity and be valued as such...the current ODN price will not impact this valuation...further, any consolidation will reflect this also...therefore there is significant upside from here once deal is finalised...

I'm sure we would be happy with a 4-5 bagger....

IMO

Cheers,

ODN Price at posting: 1.6¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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the mother of all deals, page-4

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