Good chance the big dip is being done by insto's shorting to prepare for a capraise of a decent size which would be required to enter AUS mobile market at any decent scle.
They will be wrong though IMO.
Doubt they will go into without Vodafone as a partner, how that will look is anyones guess.
David Theo is no donkey and probably the best operator left in the telco space.
I for one was glad this pulled back so severely as I thought I wouldn't get another good value shot at getting into this one
Good chance the big dip is being done by insto's shorting to...
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