Diligent Boardbooks IPO

[winner69]

Woodward & Partners still bullish on XRO but have DIL as SELL .... rerarting target from 509 to 602

Sell based on slowing growth

So says the NBR

[winner69]

but they have done their homework moose .... and people who do their homework are generally right I'm told

[CJ]

I havent read their research but the quote in the NBR article basically says they assume "only modest sales growth" - maybe ythat's where they get things worng as there is nothing to suggest in reality sales growth is "modest" IMO

MOdest as in only 100% pa??

DILs Revenues have been growing faster than XRO, without the huge growth in costs.

[Jay]

Let's hope so!
Has not hit my stop... yet for my short form trading

Still well over double for my longer term portfolio

[tosspot]

as soon as I saw the huge order I thought that it might be an executive or large holder simply placing an order to weather this storm over the last few days and the loss for xero. pretty happy seems to be the case

[lastmoa]

Big volumes today. $5mill+
A down market and it's hardly moved - nice to see. Accumulation...

[JohnnyTheHorse]

Big volumes today. $5mill+
A down market and it's hardly moved - nice to see. Accumulation...

Appears to be mostly large orders, similar to what was happening last week. Good to see big fish getting in at this level, although got to hope that the ones selling are just booking their profits and don't know something we don't!

[Banksie]

Attachment 4546
Sellers today

rofl - pity you couldn't find a picture with a herd of moose

[Banksie]

Reading through the buyers investment philosophy and process they must see DIL as a good 3-5 year investment.
https://secure.wasatchfunds.com/Abou...r-Process.aspx

Would be interesting to know which of their funds the shares were allocated to.

[robbo24]

Running shoes laced up, DIL doing her warm up stretches...

I'm going to have a go at an analogy too... The moose is hungry, and going to run up hill to get some SNAKKS