Basil,
Agreed, and I hope it's previous performance is the only reason. Amm is not the only telco services company that got smashed today however ( even more so than the general market) . Take a look at how others like IIN and TPM performed today. All great companies but suffered a huge fall. I think the telco services sector in particular has been impacted by either:
- westpac figures showing significant reduction in consumer sentiment.
- the fall in aud against the green back due to possibility of an end to Q.E in the u.s
Both might negatively impact online transactions IMO.
I could be over-analysing here lol. What do you guys think?
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Basil, Agreed, and I hope it's previous performance is the only...
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