I went and read the first 100 pages of the replacement bid again - the one where the high lighting of changes is and I just really can’t see any scary revisions. They spell out the discontinued earnings stuff, but the bottom line doesn’t change. The biggest change is the accounting treatment of the Enlitic investment, which has an impact of a few hundred thousand, but nothing to lose sleep over.
If anyone can find anything it would be great to hear, otherwise I think IDX are being a bit precious,
There are quite a few revisions to the estimated revenue/profit of the theoretical combined company, but not to historical accounts.
Ann: IDX: Replacement Bidder's Statement, page-48
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