TLS telstra group limited

Where to now for long term investors of Telstra, page-12249

  1. 1,693 Posts.
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    1. AFR. N. Lenaghan 16.1.23.
    This is the link for my post, directly above.

    https://www.copyright link/property/commercial/alternative-real-estate-swells-to-235b-as-tailwinds-build-20230116-p5ccsd?utm_medium=social&utm_campaign=nc&utm_source=Twitter#Echobox=1673853240


    2. Brutal.
    AFR
    https://www.copyright link/companies/energy/sun-cable-was-a-colossus-that-collapsed-under-its-own-weight-20230112-p5cc1b

    The collapse of the $35b Sun Cable project is embarassing for Australia- it is very unlikely to proceed, due to severe economic & technical problems.

    Telstra was wise to pause on its Energy Division- many green projects in Australia have been financial failures.
    I agree that Telstra should consider gas development- which is very profitable; & much needed (inc .its ability to provide reliable, economic, baseload power) to transition, eventually, to renewable energy (if the latter can become financially viable, without massive govt. subsidies).

    Last edited by Montalbano: 16/01/23
 
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