AMM - Amcom Telecommunications

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Amcom has received a "proposal" from Vocus (VOC) ~ some sort of scrip only merger at this point.

http://www.asx.com.au/asxpdf/20141027/pdf/42t666zfnp0vqh.pdf

I had a look at Vocus a few months ago and thought at the time that they were very similar businesses, VOC east coast focused and Amcom the other half of the country...a tie up does make some sense.

.........

Pure dumb luck that i took a new small AMM position just last week when the SP once again touched 1.89 ~ the SP just kept bouncing of that level and i had the money so after watching for oh so long...still holding a largish position from 2011 @ 64 CPS.

It seems the Market considers the merger beneficial for both of them as well:

 

[So_Cynical]

TPG has been buying, adding over 4 million shares in the last week to become a substantial holder with 5.43% ~ and of course this put the AMM share price into over drive breaking through $2.50 today.

http://www.asx.com.au/asxpdf/20141106/pdf/42tk1h48vfsg88.pdf

 

[So_Cynical]

Due diligence announcements out today...happy this is moving forward.

http://www.asx.com.au/asxpdf/20141110/pdf/42tlprfm5w240w.pdf

 

[So_Cynical]

Its a done deal, Amcom holders to get 0.4614 VOC shares per share...AMM up 13.5% on the news and VOC up 7%

Everyone's happy.

Amcom Acquisition Investor Presentation

http://www.asx.com.au/asxpdf/20141217/pdf/42vk0lx02423qv.pdf

 

[So_Cynical]

A Video Message from the Amcom Chairman.

http://investor.amcom.com.au/irm/ShowStaticCategory.aspx?CategoryID=310&masterpage=31

First time i have seen a chairman do a video message encouraging shareholders to vote.

 

[So_Cynical]

A 99.8% endorsement of the Vocus merger is an excellent result, **** you TPG - SP up 16% lucky i took a little punt on this very result.

http://www.asx.com.au/asxpdf/20150615/pdf/42z686pdlrmdsc.pdf

 

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On July 9th, 2015, Amcom Telecommunications Limited (AMM) was removed from the ASX's official list following the implementation of the scheme of arrangement by which Vocus Communications Limited acquired all of the Company's issued capital.

 

[So_Cynical]

A 99.8% endorsement of the Vocus merger is an excellent result, **** you TPG - SP up 16% lucky i took a little punt on this very result.

http://www.asx.com.au/asxpdf/20150615/pdf/42z686pdlrmdsc.pdf

Out of this trade today for a lovely 18% profit, Amcom has been very good to me, hoping that Vocus will continue to make me happy...holding 1500 or so VOC going forward.

Vocus thread can be found here.

https://www.aussiestockforums.com/forums/showthread.php?t=21664