Like most holders, I voted yes. The reason is simple. After the...

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    Like most holders, I voted yes. The reason is simple. After the white flag had been raised above the ramparts and the keys to the city had been thrown to Oracle, there was no path for a retreat- no falling back to the keep, no regrouping for a counter attack.

    The conditions of the surrender were in negotiation since March last year, and Oracle had all that time to plan the T/O. Success was assured.

    Even the defection of 10 key Oracle staff to Aconex last October now looks simply to have been part of Oracle's due diligence. And yet there were no leaks, no indications in all that time.

    If this hadn't gone ahead for some reason, after the abrupt TO announcement, management's credibility would have taken a huge hit and the sp would have gone into free fall. Any path back would have been long and arduous, with renewed efforts from the shorters- and would management have had the heart for it anyway?

    This way, no one loses, in fact most of us walk away winners, and have a better capacity to keep building wealth. Yet, it is a bitter sweet victory. Trading has been suspended. Delisting is next. Vale, Aconex, indeed.
    Last edited by jhunt: 15/03/18
 
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