I read an article in the AFR yesterday suggesting that Andy Penn may look to offload some underperforming TLS businesses, however I dont think Fred would be up for sale anytime. Telstra however is a potential buyer/partner in any industry consolidation, and consolidation can't be too far away given the diminishing returns of the industry. At least everyone can see that COO has a strong balance sheet, so given its share price and extremely low EV/EBITDA, I suspect COO will be getting a few approaches in an attempt to speed up the consolidation process. It will be interesting to see how Bill P plays his cards in the coming months.
COO results analysis, page-12
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PHX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
4.0¢ |
Change
0.003(8.11%) |
Mkt cap ! $23.94M | |||
| Open | High | Low | Value | Volume |
| 3.9¢ | 4.2¢ | 3.9¢ | $123.9K | 3.084M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000000 | 3.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 111237 | 1 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PHX (ASX) Chart |