I don't have access to AFR articles, but I guess, now we know ???. I am glad it wasn't something to do with the pending court appeal.
Anyway... I though iinet had moved away from growing their customer base by way of acquisition. But rather by way of advertising, trying to lure the naive away from Bigpond. Still, if there is a bargain to had, then iinet should still go for acquisitions.
Very long term hold for me now. A steady(and hopefully) increasing dividend income stream.
--Dan
IIN Price at posting:
$2.20 Sentiment: Hold Disclosure: Held