The SP will bounce back once the noise dies down. The market always overreacts on the negative. But it will soon focus on the positives in the announcement of which there are many. Cheap buying at these levels IMO. 5% yield plus franking for a company that has a captive market, no brainer really despite all the hysteria about a changing marketplace, many theories which may never eventuate. Does the guidance for 25 warrant such a sell down, not on your life, it's absurd actually.
Ann: Org changes, action on cost & early FY25 guidance, page-36
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Last
$3.89 |
Change
0.020(0.52%) |
Mkt cap ! $44.94B | |||
| Open | High | Low | Value | Volume |
| $3.89 | $3.90 | $3.87 | $44.47M | 11.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 20 | 147175 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 209963 | 12 |
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| Last trade - 16.10pm 15/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |