A very interesting day. Very low volumes indeed, just about a record low for a normal trading day. This could mean seller exhaustion, most of the sellers who wanted out, have in effect left the building, leaving just the buyers at 2.74- 2.75 mark. Time will tell. Higher prices will drive out further sellers.
The prospect of the dividend coming up should support the price for the next six weeks.
At least some more upbeat news about Telstra regarding live streaming, remember there is no law against being negative about a stock. Great if you want to short a stock.
good luck
Where to now for long term investors of Telstra, page-3923
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Last
$3.82 |
Change
0.000(0.00%) |
Mkt cap ! $44.13B | |||
| Open | High | Low | Value | Volume |
| $3.83 | $3.84 | $3.81 | $92.20M | 24.11M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 354732 | $3.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.82 | 807944 | 12 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |