I can't see the reason to buy Brightree if all they do is...

I can't see the reason to buy Brightree if all they do is billing and management software solutions. Perhaps they are working on something else. ??

Who knows what the end game looks like in relation to this acquisition, @malmanu?

The very fact that a question such as yours gets raised, makes somewhat of a comment about the contentious nature of this transaction.


Price has been falling on positive days recently , is someone looking to exit. ??

Apologies, but I have no idea, nor do I think about who is buying or selling stock on any given minute/hour/day/week/month. Because I am never going to know (and nor is anyone else). So I largely ignore share prices movements, instead preferring to fix my gaze on the business itself, and how it is performing and being managed.

Maybe RMD's share price is down a few pennies because the A$ has been strengthening, or because a few investors don't like the deal, or because some fund manager has lost a mandate and needs to liquidate stocks, or there has been a change of personnel at certain institution, or because some investors are worried about the sky falling on our heads, or because some investors want to lock in trading profits, or...., or...., or ...

One can go one for ever listing the possible reasons why share prices do whatever they do in the shot term. but in the long term they will always follow the changes in the intrinsic value of the businesses that underlie those shares)