Hi all
SP looks to have some momentum, slow and steady.
I just read Telstra is buying a 'web hosting and cloud service provider', seems a bit strange to me;
https://www.crn.com.au/news/telstra-acquires-mediacloud-australia-565970
Remember when Telstra spent US$330m buying Ooyala
https://www.telstra.com.au/aboutus/media/media-releases/telstra-to-acquire-leading-video-platform-company-ooyala
Then wrote it down to zero and "sold" it to management, seems to be a similar process going on again, or maybe they realize they mismanaged it last time (but wont admit it in words) and really do want to be in that space.
Where to now for long term investors of Telstra, page-11329
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Last
$3.91 |
Change
0.020(0.51%) |
Mkt cap ! $45.17B | |||
| Open | High | Low | Value | Volume |
| $3.88 | $3.92 | $3.87 | $69.31M | 17.75M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 134 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 110688 | 9 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |