@luckylizard my guess of why the price is dropping is that that market has realised that the rival undersea cable looks like it will proceed, I think maybe a fair few people thought they would ditch the idea once Vocus pressed the button to proceed but that doesn't seem to be the case. hence less demand for Vocus's cable.
http://www.theaustralian.com.au/bus...n/news-story/5f52c5b986646aecb7d0ba2dc28cf6a6