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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Autonomy | AU. | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 2,549.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 2,549.00 |
| Top Posts |
|---|
Posted at 03/10/2011 16:39 by alan@bj If HP have a majority of acceptances - I think that means they have to have more than c.70% - then the takeover gets firmed up and shareholders should get paid out within 14 days. But we have to wait until HP announce whether they've got enough acceptances, and if not, whether they are going to extend the timeframe again. The exact number of acceptances required and when shareholders get paid out are both in the Offer Documents, which you can find in the Investor Relations section on Autonomy's website. |
Posted at 03/10/2011 11:16 by alan@bj It is today. This from the Financial Times 13th September:-Hewlett-Packard has extended the deadline for its £6.7bn ($10.6bn) takeover for Autonomy after fewer than half of the UK software company's shareholders approved the bid. However, analysts said the deal was still on track and the delays merely reflected the large number of hedge funds who have taken positions in the company since the deal was announced. Such investors typically wait until the last possible moment before accepting a bid offer. In August, HP launched a takeover bid for the FTSE 100 group and asked Autonomy shareholders to rubber stamp the £25.50-a-share cash offer by September 12. At a 79 per cent premium to the £14.29 closing price of Autonomy the previous day, the deal was seen as highly advantageous to the UK software company's shareholders. "With Autonomy's takeover by HP, its shareholders have been presented with a handsome reward a 32.8 price/earnings ratio on our estimates," said George O'Connor, an analyst at Panmure Gordon However, more than 48m Autonomy shares were traded on August 18, the day the deal was announced, bringing dozens of hedge funds into the shareholder register. HP said on Tuesday that shareholders representing only 41.6 per cent of Autonomy's equity agreed to the deal when the deadline expired, forcing the US group to extend its offer to October 3. However, it is not uncommon for an offer period to be extended two or three times as acceptances are gathered in. "There is no real sense that the deal is falling off track. The stock price has not traded down," said Milan Radia, analyst at Jefferies. "This is a deal that would be very difficult to disrupt because of the importance of securing the co-operation of the management." |
Posted at 18/8/2011 19:49 by bonnylad Autonomy Confirms In Talks With US Giant Hewlett-PackardShare this article Autonomy Corporation (LSE:AU.) Intraday Stock Chart Today : Thursday 18 August 2011 Autonomy Corp. PLC (AU.LN) Thursday confirmed that it was in talks with U.S. giant Hewlett-Packard Co. (HPQ) about a possible offer for the U.K. data-analytics company. Autonomy was responding to recent press reports that the world's biggest computer maker was close to a $10 billion takeover deal of the company. "It would make perfect sense for one of the big data-base players to want to own Autonomy--the software is indeed unique and growing in importance," said Tim Daniels, TMT Strategist at Olivetree Securities. H-P may announce plans as early as Thursday, according to people familiar with deal. These plans could include H-P spinning off its personal computer business and using Autonomy to boost a software and services platform, according to some reports. "H-P would be buying this as part of a refocus of the business on software. They have been talking for a while about a focus on software--clients now don't have a problem accumulating data, the problem is the structuring of it and Autonomy's software does this," Daniels added. H-P is expected to report its latest quarterly earnings after the U.S. market closes. The technology giant has been under investor pressure because of what is seen as its underperforming stock price, and there have been calls to explore options for its low-margin PC business. H-P was also in the spotlight after its former Chief Executive Mark Hurd left the company last year amid a scandal, and current CEO Leo Apotheker stepped in. Autonomy has a market value of about GBP3.5 billion. H-P is at $62.4 billion. -By Marietta Cauchi, Dow Jones Newswires; +44 207 842 9241; marietta.cauchi@dowj (Gina Chon of the Wall Street Journal contributed to this article.) |
Posted at 27/7/2011 14:55 by alan@bj I posted this on the AU.Charts thread on July 5th:-"UBS said yesterday that Autonomy is among 49 companies in Europe that are takeover targets." Investors Chronicle have come out with a "High Enough" rating today for Autonomy, and whilst respecting their views, it's probably also worth mentioning they rated Cranswick as a "safe, high yielding share" just a week ago, when the price was 728p. It was 643p this morning, after a profits warning yesterday. |
Posted at 20/4/2011 11:31 by malctheraider Just trying to help investors not lose more. If it were to fall 200 points could be a opportuninty to go long. |
Posted at 19/4/2011 10:16 by malctheraider Looks like many investors are piling out before the Thursday result. over 100 point fall for sure. |
Posted at 12/4/2011 10:03 by stuart37 Investors growing weary re lack of acquisition news - let's hope that when it comes it's as good as last weeks' Blinkx acquisition of Burst Media.Hopefully expect a small run-up towards results in the hope that there may be news on the acquisition - it better be a stonker!! |
Posted at 14/3/2011 14:25 by clubman Clubman - 11 Mar'11 - 17:19 - 9292 of 9294 editClubby told you mug Investors. Another £3,500 for the man. Out now maybe a small bounce up for AU. on Monday Correct Clubby small bounce |
Posted at 11/3/2011 17:19 by clubman Clubby told you mug Investors. Another £3,500 for the man. Out now maybe a small bounce up for AU. on Monday |
Posted at 24/11/2010 16:09 by clubman Wait until black Friday when we see the Institutional investors have sold all, or reduced, then £10 is defo on the cards. Bet they are bailing as we speak.Get out now investors while you still have your shirt. |
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