re: Ann: iiNet in strong position for NBN rol...
Charlie Munger,I thought that was a buffet comment.As for NBN have you seen the Tassie test case take up.NBN is a massive White Elephant.Unfortunately it's a White Elephant that this current government wants to succeed at any cost. Not an iin holder but am a Amm holder,So i guess you could class me as an indirect holder either way consider both companys to have a better class of management amd a higher degree of customer satisfaction than Telstra.If they have an IPO for NBN it will most likely turn out to be the great investment that the initial Telstra float was. Also NBN is largely dependent on current government retaining power.Truth is the future of rural broadband is most likely in wireless.
IIN Price at posting:
$2.55 Sentiment: None Disclosure: Not Held