Originally Posted by
Balance
Diligent listed badly and dropped down to 8c before its sp started going ever higher. Same pattern happened with Serko.
Then, Diligent suffered from the options accounting issues and its share price suffered a massive drop before it recovered and then, was taken over.
(What a great opportunity that was to buy stock when Milford was rubbishing the company - sp got down to $2.56 in 2013. Takeover price was $7.39 2.5 years later.)
I have full confidence that Serko will not have a Diligent type issue - Chairman Botherway is an old hand and has kept his eyes on the ball every step of the way.