IIN iinet limited
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There is bigger volume on iin today, but much more so in iinet's...

  1. hopesprings
    141 Posts.
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    01/04/11
    14:20
    Post #: 8199269
    There is bigger volume on iin today, but much more so in iinet's biggest shareholder amcom.
    AMM is up 10% today and iinet up a bit over 3%.

    Anyone reckon these are linked?

    AMM is a low turnover stock normally but has had 9m shares move today.

    AMM owns 23% of IIN - could one be eyeing off the other?

    AMM's own business is mostly fibre aimed at business and government, with not much retail DSL, but is also perth based.
    IIN Price at posting: $2.75 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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