The last week's trading action has seen a fall down to 0.20 on Tuesday afternoon, only to be countered by a 1-cent gap up to close at 0.225 on Wednesday (with big volume). Apart from that, daily trading volumes during the week were tiny:
A previous update mentioned how the NBN is now openly competing (against ST1) in the enterprise market. Ry Cozier of IT News has picked up on NBN Co's approach - and its rhetoric:
"NBN Co is now pitching its foray into the enterprise market as a way to finance the deployment of fibre further into its network, which it says could wind up benefitting residential users.Against a backdrop of sustained criticism of its enterprise play - compounded by a recent formal rebuke by regulators over its behaviour - the network builder tried to reframe its reasons for being in the market around a “social” good, as opposed to a purely financial one."
The last week's trading action has seen a fall down to 0.20 on...
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