Wayward,
Thanks for the detailed reply.
I have a lot to learn about charting.
I use Power Etrade and the Iress charts only give one year of daily data so to look further back I have to use weekly.
Hopefully todays strong move on very good volume means that the instos now think there is substantial upside.
Given the future cashflows of the NBN deal I would have thought that an acceptable yeild assesment in light of the relatively low risk could be considered as low as 5%, particularly if the risk free rate is reduced significantly by the RBA over the next few months.
A 5% yield on 28c dividend implies a share price of $5.60
holy makerel $3.90, page-27
Add TLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.88 |
Change
0.000(0.00%) |
Mkt cap ! $44.83B | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.92 | $3.86 | $71.70M | 18.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38826 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 227427 | 7 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |