SOT 1.21% $1.63 sp telemedia limited

price target met

  1. 453 Posts.
    lightbulb Created with Sketch. 2
    Two months ago I suggested that this stock could be worth 66 cents. I am pleased to say at 64.5 it has met my expectations rather quicker than I thought. With such a rerating the risk now starts to swing to the downside. I have sold more than half my holdings, sizeable amounts at what has now proved to be at a "give away" price. I intend to reduce my holdings further to around one third of original holding and await the full year result, not due til September ( given July year end). We may hear their preliminary unaudited management accounts result towards the end of August.
 
watchlist Created with Sketch. Add SOT (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.