Now that the chance of a tie up with a big player and W.A.'s ISP cousins (Amcom & iinet) is looking remote, I believe Amcom would achieve a higher valuation by the market if it could offload its iinet investment for a reasonable price.
My proposal: Amcom & Telecom NZ get together dump their iinet shares into a separate private holding company, square up their ownership 50/50, and then let it be known that the combined stake was up for grabs anytime someone was interested.
Problem: Telstra prefer to strangle rather than acquire, Optus have duplicated DSLAM infrastructure and no one else much has any money, unless a surprise packet like a Pacnet came to play.
OK so there are probably a miliion and one reasons why this will never happen but I have to come up with some speculation to keep the AMM board on HC ticking over.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
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No. | Vol. | Price($) |
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1 | 377000 | 0.010 |
2 | 450000 | 0.009 |
1 | 200000 | 0.008 |
2 | 700000 | 0.007 |
Price($) | Vol. | No. |
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0.016 | 333121 | 1 |
0.049 | 60000 | 1 |
0.050 | 500000 | 1 |
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