Yep, we are on the same page.
I bought yesterday after it showed strength on a pretty red day across the board. Tuesday saw the SP break a downtrend and move up above the 50MA and yesterday it held the break nicely and even finished green. I couldn't resist entering.
Biggest wildcard is the reform to the telecom policy (the name escapes me) and how competitive NBN Co will be off the back of it.
It's really make or break for this business, which is concerning. But I decided to buy at these prices and just keep an eye on it, as I think either way the next 12-24 months look positive.
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