OTT open telecommunications limited

re: ready to go no ..not Maq's..it was a weak holder who has...

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    re: ready to go no ..not Maq's..it was a weak holder who has been making a chook of himself for some time now. Maq's have been helping OTT do biz in China on the switching side of things, with quite a bit of success, I understand.
    There is also a big Telco deal that they are waiting on...its taken longer than they thought...but it doesn't interfere with their forecasts for the full year.
    My view is, even if they only do half of their forecast, they are still on ONLY 3x EBITDA.
    By the way, the seller has gone, so all that need to be cleared are those traders that took stock of the seller at these levels...most of it went to one holder...a small insto, who isn't a seller.
 
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