Sorry guys, Markets don’t like instability and this washy business about Telstra, NBN, access points is making the market from TLS point of view very shaky. Without trying to be Michel de Nostredame here, I feel that we will see a decline in Telstra SP until there is some form of stability and certainty out there.
The core business and profitability of Telstra has not changed much, it has actually enhanced with this new high speed line release. Should this dribbling idiot Conroy try and force Telstra to open its burrows so some competitor can lay cables in there is what you would have to consider as the real threat.
I don’t know about you guys but when I decided to buy TLS I looked at this very point and in the last and final sale I bought big, because I was buying a company that owned everything the exchanges the cables the lease on the trenches the lot and that how it was sold to me by the Commonwealth to try now and change what I already got or purchased earlier in not just unethical but it is down right criminal and will not stand change in the supreme court where this may well end up. I am interested in your view.
TLS Price at posting:
$3.07 Sentiment: None Disclosure: Not Held
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