Last week's price action has sat within a channel between $1.39...

Last week's price action has sat within a channel between $1.39 and $1.51; it was reinforced with a big doji candlestick on Wednesday:



For those who like stability, recent daily action remains above the 50-day moving average, which is in contrast to the previous weeks (where the daily candlesticks hovered all over the place):



Aside from previous company news, the Australian Financial Review had this to say (a few weeks ago) about the NBN market as a whole:

"NBN Co has slashed the number of customers it expects to sign up to the broadband network next year in response to weaker-than-expected demand, fuelling concerns its business model is more vulnerable than it admits to the rise of 5G. In its latest corporate plan, NBN Co revealed it had cut its projected activation rates – the rate at which households opt to switch from ADSL to fibre broadband – by half a million households."