Share price continues lower, page-12

There is obviously some effect from the extended 2 weeks of due diligence that has been announced - might be nothing but extending the period has obviously made some investors nervous.

Additionally one of UXC's main competitors SMS just announced that their H2 EBITDA would be down by 15-20% on H1. That indicates perhaps where the market is going

I think it's pointless to blame the directors - there is continuing pressure in the fast moving tech market and they've made a decision to move the company on to a more international footing. UXC and CSC have a similar market size in Australia and differing client bases so it's a smart move for growth.

Finally, there is the announcement that Cris Nicolli is retiring, so when you put all that in context the dip would make quite a bit of sense.

If anything perhaps CSC will put in a lower final bid to the directors - now that will make things really interesting for the UXC board. . . .