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trading halt - iinet to buy transact?

  1. xzibitcentral
    88 Posts.
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    16/11/11
    11:51
    Post #: 9293399
    Reading rumours this morning that iiNet is set to make a bid for privately owned TransACT Communications - or more likely just the ISP - Grapvine Internet.

    Not sure what to make of this - I used to work for Grapevine a few years ago - they are fairly large player in the ACT but not large on a national scale.

    Waiting for the announcement...
    IIN Price at posting: $2.36 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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