I'm not sure the bloke in charge knows how to make money - he knows how to rearrange it, preserve it and make the figures work which doesn't hide the fact that receipts/income is down.
I actually wouldn't mind if he invested to increase income but I'm not sure if his definition of "core" business is the same as mine hence - give me the money directly please!
Ann: Telstra announces on-market share buy-back of up to $1.35b, page-21
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