Just read the update - pretty good imo. Customer numbers up again, ARPU up again, revenue per employee up again.
Forecasting profitability in 08/09 and about to launch Naked DSL/ADSL2+. Would have to be done with Internode imo. They refer IInet and Internode for these services currently (bit like a David and Goliath). Thanks Garmel for the link.
I'll tip Internode. Theyve got about 15,000 customers I think (dont quote me on this though). Gives MNF a chance to pick up another 15,000 clients and gives MNF/Internode access to 60,000+ for Naked DSL. If it is Internode, wonder how IInet might respond?
MNF looking good.
Cheers, The Sparkler
MNF Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held