You would be foolish, in my opinion, to make a decision based upon a single article rumour. As a previous poster mentioned, very few profitable infrastructure businesses of the likes of Vocus NZ would be sold for 4x EBITDA.
Sure, there's a risk that the share price will decrease further, but there remains a profitable underlying business that is already discussing re-financing so the pressure is there, but not suffocating. I don't believe the assets being divested would be at fire sale pricing as other options exist (i.e. CR).
My 2c is on seeing what the sale price actually is and then making a decision. Don't forget there is significant short interest at play and market sentiment overall is not ideal.
Bug is simply providing his views. You are welcome to disregard, but it doesn't benefit anyone to make things personal.
DYOR of course.
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