Small Cap Stocks Down Under 22 July 2022: Aussie Broadband (ASX:ABB)
Aussie Broadband: Have investors been too harsh?
Telcos are not the most liked businesses, but Aussie Broadband is proving an exception, to customers and investors. Aussie Broadband is one of several NBN providers in Australia and prides itself in its high internet speeds and customer service experience. Since listing on the ASX in 2020 at $1 per share it has substantially grown its customer base, revenues and, consequently, its share price. It went as high as $5.95 in late April 2022 before dipping after informing shareholders it would only meet the lower end of its guidance. Has the subsequent dip presented an opportunity to buy in?
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