TPM or TPG is a holder of this stock and I would argue if another Telco wanted to take it over they would need to get agreement from TPM, so then the question follows that even if iiNet does extremely well as I think it should then one might need to discount a takeover possibility unless TPM agrees.
I recently subscribed to iiNet recently but to increase download speed which was rather slow on ADSL had to pay another $10pm. Customer Service excellent almost but they must be so busy at the moment they cant cope with demand to track their modem delivery. TPM sp dropped today probably in line with IIN sp slump.
IIN Price at posting:
$6.41 Sentiment: Hold Disclosure: Not Held