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1,148 Posts.
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18/11/09
22:36
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What am I missing?
Worst case $6.30 in April - assume in 6 months from now.
Buy at $5.90, get 40c profit in 6 month = 6.77 per 6 month or 13.5% interest per annum.
Plus, there is a chance of an upside if telcos and/or ISPs wake up and engage some forces to make a better offer.
Cable is only 5% utilized and allows TPG to offer first unlimited broadband plan in Australia.
No reason why the PWK solution/expertise couldn't be scaled up and cater for exponential growth in Internet bandwidth intensive applications.
Anybody?
