big buying, page-9

re: optus signs with gilat. buys 2,500 vsat units Hi Hotnickel,

I agree that there has been some big buying /trading recently. Why? Uncertain.

As for not being a big fan - that's probably right. But perhaps that has more to do with arguing the corporate governance, and exuberant optimism lines, tempering by concerns over the underlying fiundamentals (due to the low carrying value of the Company on a fundamental basis and the retention of intangibles).

I am a fan of the sector (telecoms broadly). MUL is surviving, but now it needs to demonstrate its mettle, whilst ensuring that its governance principles and integrity are not compromised. Silly things like last years 25x Disclosure Notices by Director Starr detract from this image.