TLS 0.00% $3.92 telstra group limited

Ann: Telstra enters agreement to sell Clayton data centre, page-3

  1. 9,730 Posts.
    lightbulb Created with Sketch. 458
    Hey GR,first penn sells pitt st and leases it back.Now penn sells a data centre and leases it back and is responsible for various future expenses.
    Total proceeds from both sales 700m plus.
    This will obviously increase total costs,but i thought some time back penn made it clear he would sell $2b of non productive assets.
    As posted when u lease them back they r not non productive assets.
    This is y i have lost so much confidence in tls management and sold out.
    I want tls in my portfolio but with announcements like this i'm glad its not.
    Does penn need the money?money is going to b cheap for a long time.How much rent is he paying for both data centres and pitt st ,i guess it would b more than interest rates.
    As posted imo only penns announcements make no sense.
 
watchlist Created with Sketch. Add TLS (ASX) to my watchlist
(20min delay)
Last
$3.92
Change
0.000(0.00%)
Mkt cap ! $45.29B
Open High Low Value Volume
0.0¢ $3.94 $3.90 $367 100

Buyers (Bids)

No. Vol. Price($)
6 7337 $4.23
 

Sellers (Offers)

Price($) Vol. No.
$3.60 30970 4
View Market Depth
Last trade - 09.58am 05/09/2024 (20 minute delay) ?
TLS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.