Agree with Benson. Total shocker. TLS goes the opposite way to XJO starting August 2016 and still deviating after 4 full years. It was the August where the 3 billion CAPEX was announced to upgrade TLS 4G to 5G.
To correct and improve this chart here is the responsibility of a CEO. If he can't turn it around in 1-2 years, then surely something should show in the 3rd year. But 5 years after appointment, the stock still goes the opposite direction to the XJO Australia broader market. Penn has been a total disaster for this stock. The man failed to find any kind of growth in that time. The word disgraceful can be used.
Meanwhile, the gap to $3.11 on the hourly just closed. Just let the RSI come a little closer to the 50 line and touch it and I'm out with 7k on this trade. Don't care about the div. Already got 8c off it.
TLS chart, page-1150
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Last
$3.82 |
Change
0.000(0.00%) |
Mkt cap ! $44.13B | |||
| Open | High | Low | Value | Volume |
| $3.83 | $3.85 | $3.80 | $81.46M | 21.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 337439 | $3.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.83 | 404931 | 5 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |