BVS - Bravura Solutions

[Footsie]

here's hoping Steve F

[steve fleming]

However it puts BVA right in play now - my understanding of why the takeover didn't proceeed in November last year is because the Directors didn't want to let go of their 30% stake - now they have no choice! its going to be sold from under them!

....."approaches from certain parties in relation to a potential corporate control transacation".....

[Footsie]

more twists and turns ...........

$2.00 & CPU according to DJ newswires

[steve fleming]

more twists and turns ...........

$2.00 & CPU according to DJ newswires

Multiple parties....

"A broking source told Dow Jones Newswires that Computershare (ASX: CPU) may bid for the financial services software firm.The person said Computershare is looking at paying $2 a share, and that two private equity firms are also among the interested parties. "

http://www.theaustralian.news.com.au...95-643,00.html

[macduffy]

Some good news at last! $2 would see me exit with a small profit and , in the circumstances, I'd settle for that.

[David Hardman]

Some good news at last! $2 would see me exit with a small profit and , in the circumstances, I'd settle for that.

Surely ML and ANZ will hold out and wait for news on the deal

http://business.smh.com.au/casualtie...0415-26cj.html

[macduffy]

$2 would also presumably get ML out of this particular hole so perhaps they will encourage a quick deal?

[_Michael]

ditto my friend

[macduffy]

For what it's worth, Macquarie Equities has a valuation of $1-80 for BVA and expects a bid to be " north of $2 ".

[Footsie]

the wait continues.........