Yes there is often a divergence of opinions. My concerns are the unions will slow the worker cull, the SP divi will be more like 15cent total and the interest rates (foreshadowed) may rise leading to punters wanting a minimum 6% risk return which really pushes the SP towards $2.50. Also im sure if it did move there that the shorters will scare out the market place to the $2.30's before a meaningful bounce.
Where to now for long term investors of Telstra, page-3877
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Last
$3.81 |
Change
-0.110(2.81%) |
Mkt cap ! $44.02B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.88 | $3.76 | $126.1M | 32.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4845 | $3.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.81 | 715754 | 10 |
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| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| TLS (ASX) Chart |