IMO, ONT H1 FY13 will be stellar as the CDD only affects one month, while acquisition will pick up toward the end of H2 FY13 providing a decent forecast for FY14. Now it's worth noting that ONT will be in a strongest ever position to pick up good practices due to their strong cash position and the challenged sector and competitor environment (see Dr Holmes' speech earlier this month on the competition landscape). I wonder whether and how much sp will drop in the near future despite a good H1 result + probably dividend followed by growth activities...
definitely a long term BUY in my opinion.
with three share purchase plan all closing this month, i'm short of cash, but looking forward to start accumulating again once i re-balance...
ONT Price at posting:
$5.05 Sentiment: LT Buy Disclosure: Held