Comment / Under the radar: WiseTech dances an eBill Bolero

Photo 179326958 © Oleksii Donenko | Dreamstime.com

Perhaps traders on the Australian Stock Exchange missed the WiseTech Global announcement that it had acquired Bolero – it wasn’t posted on the ASX’s regulatory news feed – or perhaps they simply didn’t realise its importance.

Either way, its share price closed at A$37.8 on 1 July, when the deal was announced, and has since risen to A$41.86, which is some way off the A$48.7 S&P Global Market Intelligence consensus that Premium quoted in our latest coverage of WiseTech in mid-June, ...