This is a tricky method of explaining that Telstra's share return is heading downward over next few years so share price should be declining further towards $2.50- $3 maybe but artificially held up by capital repayment dividends promise to make it look like the higher yield affords it a higher share price around $4 to $4.50?
Where to now for long term investors of Telstra, page-98
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$3.86 |
Change
-0.020(0.52%) |
Mkt cap ! $44.60B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.89 | $3.86 | $49.76M | 12.86M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 228669 | $3.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 236423 | 11 |
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| TLS (ASX) Chart |