ABB 0.80% $3.72 aussie broadband limited

Ann: Share Purchase Plan Offer Booklet, page-51

  1. 24 Posts.
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    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
 
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