breaking out from ascending wedge/traingle, page-8

So true Marcel. And new highs again today. helped, I'm sure, buy the Oz article re potential takeovers.

I'd be surprised if the owner of iiNet (and TPG for that matter) would sell his (their) baby. But I guess we all have our price - which means that a hard bargain would be required to shake existing owners free. That would be good for shareholders too. Personally, I would rather there were no takeover, just let the good times (growth in profits, dividends, NTA etc) roll on and on, as this industry is still in its infancy IMO.