I suspect that the impact of the roaming win is far less than the impact of a loss would have been because the smart money expected them to win all along. It wasn't predominantly the roaming issue that caused the share price to fall 20%+ over the past twelve months. The main drivers were Penn's detailing of the impact on the NBN on earnings a couple of years hence, the announcement of a $3 billion network maintenance spend and, of course, likely margin compression and possible loss of customers due to the proposed TPG mobile network.
Loses almost half its gains, page-9
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$3.96 |
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| Open | High | Low | Value | Volume |
| $3.95 | $3.98 | $3.94 | $52.92M | 13.36M |
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| No. | Vol. | Price($) |
|---|---|---|
| 29 | 857748 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.97 | 497142 | 27 |
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