breaking out from ascending wedge/traingle, page-15

What we have heard is that Michael Malone has now resigned as MD from iiNet, after running the organisation since he created it, over 20 years ago.

Anyone beginning a business and turning it into $1.2B has had to have done a great job.

What should happen now is the big question. I am sure TPG will be asking themselves the same question. Do they want to double their size???

At the same time iiNet will be looking for someone as good as MM. That's a big ask.

In the case of TPG, 2 good company's with some differences, that would still fit well. Are they interested, I have no idea.

What is the right price?

Any one with any thoughts on that?

Given price movement today, a lot of people think there is an opportunity in play.

Just my thouhgts.