The booming technology sector kicked off financial 2020 with two ugly profit downgrades and a takeover offer that should result in another local company coming under American control.
The overriding message to come out of this mixed bag is the huge potential uplift for shareholders in tech companies lucky enough to receive a takeover proposal. But there is a rider to that message.
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Tony Boyd is the former Chanticleer columnist. He has more than 35 years' experience as a finance journalist. Connect with Tony on Twitter. Email Tony at tony.boyd@afr.com
