ABB 2.56% $3.81 aussie broadband limited

Ann: Share Purchase Plan Offer Booklet, page-51

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 24 Posts.
    lightbulb Created with Sketch. 1
    ABB's current market share is just under 5% - slightly behind Vocus at around 7%, Optus 16%, TPG 24% and Telstra 45%. Based on the Jun21 NBN report here - https://www.accc.gov.au/regulated-infrastructure/communications/national-broadband-network-nbn/nbn-wholesale-market-indicators-report/june-quarter-2021-report

    At the current rate of growth (and any potential acquisitions), I'm fairly comfortable that current management are experienced enough to grow ABB to be the same size / bigger than Vocus. We'll see whether they can get to top three without being acquired themselves (as has happened before in the past with other ISPs like iinet / Internode).

    You could hold... but you could also sign up for the SPP, get the shares and sell immediately for profit lol. I'm a long-term hold so I'm keeping my shares, but you are technically leaving money on the table (assuming the share price doesn't drop down below $4)
    Last edited by blackscholes: 17/09/21
 
watchlist Created with Sketch. Add ABB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.