Yep, and another point of interest...
Bell Potter recently put out a report on Amcom Telecommunications giving a share price target of $0.40c.
At the last traded price of 22c, AMM has an undiluted market cap in excess of $80m.
People Telecom at 20c has an undiluted market capitalisation half that!
If these mid-tier telcos are in for a re-rating…