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15/05/20

07:32

Post #: 44631523
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Originally posted by vivRookie: ↑

why would anyone sell just before the one big announcement we've all been waiting for?? The whole point of the Vodafone merger was this company's growth.
I know it's been a long time since the court judgement that approved the merger and there's been no other announcement since..but boy, use your brain! What do you think the merger was for?
Forget the Singapore deal.. David Teo is the only CEO in the history of ASX where the supreme court judge said 'I trust his business judgement even without a business plan'. If Teo decides to walk away from the Singapore deal you can be sure it's the right decision and he's got other plans.
Another two weeks is a long time to wait especially when the herd is running away from other stocks but why on earth would you run now from a stock that has only one way to go? Up.

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They might think the benefit is priced in or that the merged entity will have problems. I'm not sure how well Vodafone's team will merge with Teoh's tbh. Hopefully Teoh has the flexibility he needs.

TPM Price at posting: $7.17 Sentiment: Buy Disclosure: Held
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