The company has made a big acquisition and is in the process of consolidating that and rolling out DSLAM. The acquisition was funded through a scrip issue at 3.05, well above current trading prices. The fall suggests to me more than just a market move. That is, unless the entire east coast rollout has been poorly done and the general sentiment is that of a poor ISP.
IIN have performed very well in WA for a number of years and unless something goes very wrong, the company’s service and management history bodes well for long term growth.
The weakness in price is a little disconcerting.
The company has made a big acquisition and is in the process of...
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