Is Wisetech’s $3.2 billion move for e2open as much about changing the view of the company as it is about the deal itself?

MARKET WRAP:

• ASX200: flat 0.00%, 8361
• GOLD: $3,365 US/ounce
• BITCOIN: $168,447 
• Origin Energy shares dropped 4.9% to $10.51.
• Half year results from agribusiness Elders saw profits rise to $64.3 million, but shares down 6.7% to $6.16.
• Lower were ANZ, Rio Tinto, and Woodside.
• Wisetech Global announcing a $3.2 billion takeover of US logistics software firm E2open. Shares rose 4.7% to $104.75.
• Genesis Minerals was 2.1% higher after saying it would acquire the Laverton Gold Project for $250 million. 
• Focus Minerals jumped more than 80%
• Paladin up 8.8%, Boss up 7.3% and Deep Yellow up 13.7%.

CURRENCY UPDATE:

• AUD/USD: 65.1 US cents
• AUD/GBP: 48 pence
• AUD/EUR: 57 Euro cents
• AUD/JPY: 93 yen
• AUD/NZD: 1.08 Dollars