TLS 0.64% $3.91 telstra group limited

sinking on large volume, page-8

  1. 4,770 Posts.
    re: hey syringe Everything now depends on the dividend announcement now under consideration at Telstra. The second shoe to fall will be the announcement by the Government that they are not selling unless of course it drops to about $3.20 at which it would be an easy sell.

    When dealing with TLS shares always remember there is a 'second wave' to any news. This comes with instos and big players that need the support of Broker analyst recommendations to justify their decisions. In addition there is the 'sink in' factor. TLS is made up of mainly small holders and they will get the news overnight.

    All that said I won't be showing my hand on when and if I cover. Too much at stake.

    It has to happen that TLS loses its outrageous profit margins if we are to have competition in telcos.
 
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$3.91
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26 419997 $3.90
 

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$3.91 53660 30
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