A bid would have to be north of $5.00, page-47

Agree bug sector rotation will occur, when is anyone's guess. But sentiment will return at some point to telcos, just look at the banks this time last year. The worm does turn but can be slow. Certainly worth following voc at these levels. Think the price action the last few sessions has been okay, buyer depth returning, finishing off the lows of the day etc. But I do feel recently retail punters are certainly being played by the bigger fish.