Still don't get the intense sell off at this stage for TLS. Really is in bargain territory.
I get sell the off for QANTAS.,travel companies, BHP and resource companies with China slowing etc and other companies that will be affected by virus but TLS should have their revenue pretty much immune.
I don't see people and businesses cutting their phones and internet. If anything it will be best way to communicate with Zoom and face time etc.with other human beings without infecting them with virus.
Also people may stay home more and will need all their gadgets and Netflix to amuse themselves.
You can have other reasons for not liking Telstra in regards to say Cap spend, but i don't think the virus can be used as an excuse to sell.
TLS Price at posting:
$3.12 Sentiment: Buy Disclosure: Held
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