At least three other analysts including the Huntley Newsletter have TLS as a strong buy. If we assume that the TLS/NBN deal gets over the line roughly in the form announced, then TLS has a bright future, unlimited access to future wireless spectrum, continued ownership of 50% of Foxtel, large (POST tax) payments for the longterm rental of the copper network/ducts, and finally billions(currently six) in annual free cashflow.
I wonder on what basis Merrill Lynch have gone so low.
Occam
merrill lynch - dicey, page-5
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Last
$3.70 |
Change
0.030(0.82%) |
Mkt cap ! $42.75B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.72 | $3.66 | $77.20M | 20.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 199823 | $3.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 829839 | 9 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |