I was told i was talking nonsense for suggesting funds must buy Telstra back as part of their index funds, therefore the SP will make a protracted comeback soon. All it takes is one broker to show the market they have been loading up on TLS for their clients to cause a flood into Telstra. If they all start believing the bottom is in the funds will reallocate their underweight positions in TLS.
Today a tiny target increase and woosh! It's only started raining but once it turns into a pour, lookout! $4.50 is my target for now.
Credit Suisse Raises Telstra Target Price to A$4/Share From A$3.90
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Last
$3.62 |
Change
-0.040(1.09%) |
Mkt cap ! $41.82B |
Open | High | Low | Value | Volume |
$3.67 | $3.68 | $3.61 | $73.49M | 20.25M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 211809 | $3.62 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.63 | 336517 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 181809 | 3.620 |
28 | 366027 | 3.610 |
39 | 676210 | 3.600 |
14 | 218578 | 3.590 |
28 | 158338 | 3.580 |
Price($) | Vol. | No. |
---|---|---|
3.630 | 59826 | 5 |
3.640 | 438298 | 15 |
3.650 | 286416 | 12 |
3.660 | 228223 | 18 |
3.670 | 142050 | 11 |
Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
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