Buy in at 5.24, page-14

the problem is the grossed up divvy will bring it back very close to SP $5.00 tomorrow.

that is the whole problem with TLS- once the SMSF brigade and institutions have got the divvy, they will offload as happens every time- but this year is not only different, but dangerous.

if it breaks through the magical $5, then it could plummet artificially into the depths of the unknown.

i myself am not only concerned because of the ever increasing competition, but the growth outlook in their core business-Mobile- being under huge stress.

in other words, the way i see it is this-TLS has had it good for a long while, but now the chickens have come home to roost , so be flexible in your mindset about it"s future potential.

cheers crazypunter