Have a small holding in IInet and thinking the progress outlined in the May 2009 presentation is good - broadband looks to be a recession proof product. But there wasn't any mention of anything to do with the lawsuit - ie the one referred to in these links:
http://apcmag.com/why_iinet_will_probably_lose_the_piracy_lawsuit.htm
http://investor.iinet.net.au/IRM/Company/ShowPage.aspx?CPID=1114&PageName=Media Release Statement of Claim
Any holders have any opinion or update on the lawsuit, as it seems to be the key risk for this company IMO?? Is this primarily what's been holding back the SP?? I'm thinking of increasing my holding, but trying to get a better picture of risk around this issue.
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