I was re-reading the report yesterday too, the same thing jumped out at me.
My take on it is- if you strip away the rest of the business (leaving only the network), a potential buyer (ie/ takeover) who already operates in a similar market, with the existing staff to support it would see this as an attractive bolt-on.
I was re-reading the report yesterday too, the same thing jumped...
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Last
$11.22 |
Change
-0.330(2.86%) |
Mkt cap ! $1.789B | |||
| Open | High | Low | Value | Volume |
| $11.74 | $11.81 | $11.20 | $16.96M | 1.494M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8113 | $11.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.24 | 28 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MP1 (ASX) Chart |