Ironbridge (currently with 67%) have finally made their move, with a a now confirmed merger agreement at 28c. They have been creeping for a couple of years so this was expected. Guess they saw the recent market and BVA share price weakness and the falling AUD as an opportunity to pounce.

Fishers who have about 14% have accepted and the independent directors have recommended approval so it looks all over for Bravura.

Happy enough with the price but not the 3 months of waiting and uncertainty till they pay up!