ACX 0.00% $7.79 aconex limited

90% chance of $3, page-460

  1. 1,990 Posts.
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    I am getting more and more annoyed (not less and less) over time, over how Oracle scooped ACX up so cheap. I bet the 2 founders are now too.

    Have you guys seen the ASX tech stocks lately?

    Wisetech (WTC) soaring at $18 ($5.5 billion).
    Altium (ALU) hit $25 ($3 billion).
    Afterpay (APT) now closing in on $11 ($2.5 billion).
    Appen (APX) once traded at $14 ($1.5 billion).
    Carsales.com.au (CAR) $15 ($3.6 billion).
    Realestate.com.au (REA) $90 ($12 billion).
    Xero (XRO) nearly hit $48 ($6.5 billion).

    Any tech stock that shows decent management and good revenue growth is simply shooting up.

    And I haven’t even touched on the US tech stocks yet.

    If ACX were still trading in this environment, it would have flown to $16 no doubt.

    Instead, it got sold out for less than half of that. Terribly pissed at that now the more I think of it! We should have been enjoying this tech bull run after suffering miserably at under $5 for a prolonged period of time.
 
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Currently unlisted public company.

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