IIN 0.00% $9.52 iinet limited

volume up, deal pending?

  1. 141 Posts.
    There is bigger volume on iin today, but much more so in iinet's biggest shareholder amcom.
    AMM is up 10% today and iinet up a bit over 3%.

    Anyone reckon these are linked?

    AMM is a low turnover stock normally but has had 9m shares move today.

    AMM owns 23% of IIN - could one be eyeing off the other?

    AMM's own business is mostly fibre aimed at business and government, with not much retail DSL, but is also perth based.
 
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Currently unlisted public company.

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