This is a stock I dropped a very long time ago. It always looked good, but one day they announced a turnover of about $100m and still made a loss. Then it dawned on me that Telstra would never allow third parties profitable access to it's networks. It's been downhill or flat ever since. One to steer clear of, I'm afraid. IMO. Great idea but not practical.
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and he bagged pipe networks pwk, page-7
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