There is risk in this stock. I think the small players, who are after a quick buck will jump Monday, and I hope they do. This will mean a lower price, and greater reward for those who are patient and can accept the risk.
A takeover is not out of the question, but I do not see it happening, least of all by the likes of Telstra or optus. Someone like IIN maybe, because they have stated they are about to put in infrastructure. $20mil is a small price for infrastructure and customer base. But again, I do not see this as a likely scenario in the short term.
I think a drop on monday as the smaller holders jump ship, and I can't blame them. But the larger holders will take the opportunity to accumulate. Others like myself will take the opportunity to get in. I am hoping the options take a hit. They are good value as they stand, but if I can get them for less a will be even happier.
