HTA 0.00% 13.0¢ hutchison telecommunications (australia) limited

next big thing???

  1. 242 Posts.
    I have heard that this new product about to be released (3G) is very good. The only thing stopping this becoming the next big thing is price, apparently they have learned their lessons elsewhere and Aus will get a fantastic price range which should convince all the maybe's to give it a go. It doesn't matter how good a product is, if it's twice the price of the alternatives people will pass. This is what they have experienced elswhere and i hear a whole new strategy will be taken for the Aus market. HTA is banking a huge part of their future on this and i think i'm almost convinced to get back in. My broker said it had a future so i bought into the initial float for about $2.70, although i sold out long ago, at these levels i think they might be worth another go. Same story at 10% of the float price. At the very least i'd expect some sort of run with all the announcements that should be released to coincide with the launch, any positive news is enhanced in this fickle market. I doubt we will see the $2.70 for a while but could be good for a quick 10-20%. I'd be interested to hear anyones thoughts on this one.

    CHEERS
 
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