the problem is the grossed up divvy will bring it back very close to SP $5.00 tomorrow.
that is the whole problem with TLS- once the SMSF brigade and institutions have got the divvy, they will offload as happens every time- but this year is not only different, but dangerous.
if it breaks through the magical $5, then it could plummet artificially into the depths of the unknown.
i myself am not only concerned because of the ever increasing competition, but the growth outlook in their core business-Mobile- being under huge stress.
in other words, the way i see it is this-TLS has had it good for a long while, but now the chickens have come home to roost , so be flexible in your mindset about it"s future potential.
cheers crazypunter
Buy in at 5.24, page-14
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Last
$3.89 |
Change
0.040(1.04%) |
Mkt cap ! $44.94B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.90 | $3.85 | $66.87M | 17.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 311462 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 133931 | 11 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |