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Dicker Data Ltd has been an audit client of JC Partners (JCP) for the last 10 years. The business (Dicker Data) has been doing very
Dicker Data Ltd has been an audit client of JC Partners (JCP) for the last 10 years. The business (Dicker Data) has been doing very well where the share prices has more than doubled over the past 5 years and the company is planning to expand its cybersecurity solution business in Australia. The CEO and CFO of Dicker Data invited the audit team from JCP to half year AGM and lunch to strengthen the business relationship. During the lunch, you happened to sit in the same table with CEO and CFO of Dicker Data. They were discussing about the difficulty in coming to the agreement with the potential acquisition target (Prophecy International Holdings (ASX:PRO)). They realised that PRO is also the client of JCP. CEO and CFO are very excited about the potential gain for their business which they project that the share price will go up significantly and offered to give shares as a compensation if you and Camille help out in sealing the acquisition deal with PRO. In addition, given the size of Dicker Data's operations, an audit graduate, Jesse is hired at JCP and is assigned to the audit of Dicker Data Ltd. Jesse had previously worked
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