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15/07/18
20:26
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Originally posted by JayWin
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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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Yep but what can you do? Bid upd nea ad8, plenty of tech plays around albeit none seem quite as safe as acx was. (Although ad8 seems to have a pretty safe growth runway ahead)