Clever1 - Telstra are WRR's biggest customer by a longshot and are one of the reason WRR still exists.
Forget CashFlow & utilisation of losses (obviously peanuts in Telstra's eyes), this is a clear long-term cash saving for Telstra. And when the market turns the corner Telstra have the backing to throw in the $$ required to fund and expand the business. Obviously they have a need for WRR's services.
Lets not forget there was an attempt made just over a year ago to grab this....
WRR Price at posting:
30.0¢ Sentiment: None Disclosure: Not Held