The really exciting stuff is this data over power lines technology that is being trialled in Tasmania. Much faster than ADSL and simply plugs into your socket and Wolla!! Add to this VOIP and one can see why TLS shares are struggling.
DFT will be ahead of the pack if this takes off! Big drawback are their number of shares about 1.5b and the fact that they make all these acquisitions by issuing shares. Therefore the overhang.
IMHO at this price it is not a bad buy.
DFT Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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