Hi there,
The price of MTU has run up nicely and IMO we will continue to see positive support next week - given full year is effectively in the bag + possible further positives to come (unless March through June 30 has some unexpected down side - which is highly unlikely on track record). If funds have yet to start buying MTU - then this bodes very well for us moving well past the 2.20 to e.g. through the 2.40 mark (PE 10-11 for 2011)
MTU is also very well positioned for NBN...as a well seasoned non infrastucture owning telco focussing on SME market, having a 1% market share and the paraidgm shift to mobiles from fixed line continuing!
SD
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