Historically, on news shares drop continues generally for one or two week before it stablizes. Big fellow (INSTO) will keep a lid in case they need to accumulate and will not allow to rally. Mum & Dad can only watch from side line and ride the wave (if they can guess rightly)
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So let us not be over confident today. 2.50 is a real possibility. There are huge volume today.
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Last time that type of volume was there, TLS dropped from $3.26 down to $2.70. If same pattern follows, $2.50 is a real possibility.
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Ann: Telstra2022, page-74
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Last
$3.91 |
Change
-0.010(0.26%) |
Mkt cap ! $45.17B | |||
| Open | High | Low | Value | Volume |
| $3.91 | $3.93 | $3.87 | $88.91M | 22.83M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15079 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 25000 | 2 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |