TLS 0.26% $3.85 telstra group limited

asbestos

  1. 1,960 Posts.
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    i sold out yesterday.

    woke up to the news that residents had been evacuated from their homes/streets due to asbestos contamination due to nbn/pit works....australia post refusing to deliver mail down those streets - other media reports are that these issues are widespread & that there is potential for lawsuits lasting decades.

    im sure as a company tls is big enough to withstand this as was jhx but the story is certainly big enough to signal a green light for the shorters & be really bad for sentiment for as long as the media keep reporting it.

    good luck to holders.
 
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