Ah Melua,
As usual driving while looking in the rear view mirror.
The fact is that there is a price for everything, TLS has been overvalued for a long time and now reality has caught up.
The SP reflects all the things you rightly point out, the fundamentals are now of a utility rather than the BS valuations during the TMT boom. You say they have a premium built in to the SP I say no.
I would love you to actually justify why you believe they are still overvalued.
the role of hatred in all this..., page-11
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Last
$3.90 |
Change
0.020(0.52%) |
Mkt cap ! $45.06B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.91 | $3.86 | $62.27M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 340420 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 611784 | 39 |
View Market Depth
| Last trade - 16.10pm 24/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |