Funny things going on. IIN has been pushed in many investment co. newsletters saying that they are worth $4.15. Since then they have plunged to below $2. The instos must have known something was being arranged between Telstra and the government to sell TLS to the gullible public for $5+. The only way is to bump TLS charges up through market interference...ACCC. After TLS has been got rid of it will be left out to dry. Unfortunately this does not help IIN in the meantime. So roll out of DSLAM will grind to a halt and Australia will have wait for the government to get their 30 pieces of silver. The only ones to benefit will be those wireless companies that have avoided copper cable, these will increase now.
IIN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held