Superloop is being very aggressive on pricing achieving 13% growth in subscriber numbers vs ABB growth of 4%. Superloop at the moment having a similar reputation to ABB is offering the same product 20% cheaper on a introductory basis and 7% ongoing. As household income tightens it will be harder to justify paying more for a similar product. As you say have to see whether Superloop can handle the growth or whether Aussie will need to offer discounts.
Aussie now the 4th largest NBN retailer, page-8
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Last
$3.12 |
Change
0.000(0.00%) |
Mkt cap ! $922.0M | |||
| Open | High | Low | Value | Volume |
| $3.10 | $3.13 | $3.08 | $950.6K | 305.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1701 | $3.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.13 | 7396 | 2 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| ABB (ASX) Chart |