Entitlement offer

Wondering if I should take up entitlement Vocus shares on a 1 for 8.90 basis.
What is your view on Vocus going forward? Would appreciate your comments.

 

A: A little late to sell the entitlement as trading on the ASX closed yesterday.
I would probably take the entitlement up at $7.55 per share as I think this company is going places, although it may have some acquisition indigestion as it completes the NextGen and M2 purchases. For what it is worth, the brokers are quite positive on the stock with a consensus target price of $9.39 and a sentiment rating of +0.6 (scale -1.0 is most negative to +1.0 being most positive).


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