TLS has 2 problems
(a) No capex
(b) Almost 100% profits paid out in dividends
ie. no investment, since everything is invested into the share price so it can be floated again.
Thus, moral of all this is make sure you don't hold TLS when it is privatised, since the dividend yield will die and they have to start spending some money...
***govt blocks sale:dump telstra now**, page-7
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Last
$3.90 |
Change
0.015(0.39%) |
Mkt cap ! $45.06B | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.91 | $3.88 | $37.70M | 9.675M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 80 | 366493 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.90 | 578520 | 70 |
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| Last trade - 12.00pm 18/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |