A wise piece of old advice: don't invest in companies which are at the mercy of governments. Telstra fits that description to a "T".
But a little rich, is it not, to blame one particular political party for its demise.
The chart tells the story of how Telstra fared under the last 3 governments.
It is not a political party you want to blame for diverting its future growth to all its competitors, but THE GOVERNMENT of the day, whoever that is is or was, irrespective of its political colour.
shareholder value deliberately destroyed, page-16
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Last
$3.86 |
Change
-0.010(0.26%) |
Mkt cap ! $44.60B | |||
| Open | High | Low | Value | Volume |
| $3.89 | $3.89 | $3.85 | $48.14M | 12.45M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 67 | 473729 | $3.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 355306 | 100 |
View Market Depth
| Last trade - 15.32pm 07/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |