Hoping the debt uptick will be for M1 aquisition personally, better for quicker returns as there is already a very high capex spend.
If they were planning on forking out large sums for spectrum I would have though the dividends would have been held flat to preserve cash, increase in debt would suggest expectations of more cash coming in.
Either way Teoh is the most qualified person in Aus to trust with funds to invest in the telco industry and I just wish I had of realised that earlier, in at an average of $6.18 but my first look at TPM was in the $2's and I passed on it
TPM Price at posting:
$6.98 Sentiment: Buy Disclosure: Held
