Unless, of course, someone discovers another technology that we havn't yet thought about!Quote:
The future? Things we haven't yet thought about but we'll need the bandwidth and speed of fibre to do it
;)
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Unless, of course, someone discovers another technology that we havn't yet thought about!Quote:
The future? Things we haven't yet thought about but we'll need the bandwidth and speed of fibre to do it
;)
Is there anything that requires CNU to offer anything but voice over copper?
Even less than that. They are just a pipe. Other, smarter, more nimble businesses will cut their lunch and eat it.
CNU will be kept alive for all parties' interests. Just like a host is kept alive so parasites can continue to exist, CNU shareholders will be granted a relatively modest return after their initial capital losses for getting into this mess in the first place.
Does anyone know how many CNU shares are held by the NZ politicians' super fund? That is the only wildcard in this affair.
37m a year ago (after they replaced IFT with CNU)
http://www.nzherald.co.nz/business/n...ectid=10777996
USA substantial security holder reducing its stake. No surprises there.
http://news.theage.com.au/breaking-n...206-2yurz.html
Well, it's all pretty negative news on CNU at the moment and even more negative sentiment. I think there may be a bounce not far away and I'm buying at 1.32. They may well go lower but the market is so sour on this stock, I think the prospect is now more on the upside. The risk/ reward equation is rapidly changing IMO.
Disc. Now hold quite a few so I'm biased