Thanks mrscrappy! good points.
I invest EFT because when I moved in my new places, the broker recommend EFTel Broadband to me, at that time I thought it's a bit expensive than current plans. However I noticed this company has huge potential to grow, you know TPG's service cannot cover many exchanges EFT holds.
I googled and just found TPG & EFT are 2 cheapest Broadband provider in AUS.
I missd TPG at 11c, very bad luck! That's 20 baggers return! So I donot want miss EFT, even if the chance is low.
Another reason is that Qil is seeking relist at ASX, I believe once successful, it will buy out EFT at 4-5c.
and I also believe TPG may takeover EFT at any time, this would be a smart /merge. EFT already mentioned some parties are interested about its asset, at current MC, they may buy out whole EFT, other than just buying part of it.
Anyway, good luck. We may see some asset selling, takeover bid news soon.
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