A week ago I thought it would not go above 20c until after the second tranche. Now that it has I am hopeful it will hold 23 or above. Some would have sold to help pay for t2 there is no pressure on the t2 shareholders to sell. It was cash up front, so lets hope the price will continue to rise. If there is a drop then it should be regarded as a great buying opportunity.
Commsec exposure, page-10
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