Tag: ASX

Dec 18 2017

Oracle to buy Aconex – reaction

Aconex share price to 18Dec2017

Admiration, apprehension, concern, excitement – SaaS construction collaboration vendors react to Oracle’s pitch to buy Aconex. Market reaction to Oracle’s Aconex acquisition announcement yesterday saw a predictable leap in Aconex’s share price on the Australian Securities Exchange. From Friday’s close of A$5.29, Aconex shares rocketed 44% to close at A$7.63 (just below Oracle’s offer price), …

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Permanent link to this article: http://extranetevolution.com/2017/12/oracle-to-buy-aconex-reaction/

Dec 09 2014

Aconex shares slip slightly on ASX debut

Aconex shares dip on their first day of ASX trading. Sally Rose in The Australian Financial Review says Aconex’s “bold decision to downsize its initial public offer has been vindicated as the right call.” Despite lifting on its debut into a falling market, the stock quickly slipped below the offer price (see The Australian too). Shares …

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Permanent link to this article: http://extranetevolution.com/2014/12/aconex-shares-slip-slightly-on-asx-debut/

Jul 18 2014

Aconex to float on ASX?

The Australian Financial Review is reporting that Aconex is preparing for an initial public offering on the Australian Stock Exchange. The Melbourne-based SaaS construction collaboration technology vendor (now sporting a shiny new corporate identity) is said to be working with investment banks UBS and Macquarie Capital to prepare a road show for fund managers in …

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Permanent link to this article: http://extranetevolution.com/2014/07/aconex-to-float-on-asx/