Hi,
M2 share price is set to rocket early next week when trade halt on material upgrade to earnings removed. ACCC has released it's Interim access determinations back dated to 1 Jan 2011.
http://www.accc.gov.au/content/index.phtml/itemId/976058
For an idea on likely impact on MTU valuation check out the attached Lodge Partners report. Looks like scenario one high side with fixed line access price at $16 v.s analyst predictions of a reduction from $26 to $20!
http://m2.com.au/__data/assets/pdf_file/0003/9840/Lodge-Partners-MTU-2nd-Feb-2011.pdf
Here comes $5 per share in my opinion and I see sellers now moving up to $5.50+
Going to be an M2 story this week and one hell of a fun ride.
SD
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