I'm extremely positive on Telstra from here but tend to think it will be a gradual creep to the mid to high 3's over the next year with a spike if/when the copper line buyout/transfer is agreed to....Slow moving because it's such a conservative stock...and also shorting action by % is not that massive.....around 10-15% of trade. Compare that to the banks that are currently around the 30% mark!
I think most of the recent selling pressure has been international holders who actually made 20% plus on currency conversion and saw it as an opportune time to exit. It would appear that most of these sellers have been flushed out of the system....
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- massive volume at half cent levels
massive volume at half cent levels, page-7
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Last
$3.82 |
Change
0.000(0.00%) |
Mkt cap ! $44.13B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 7974 | $4.15 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.97 | 8950 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 7974 | 4.150 |
3 | 2955 | 4.120 |
1 | 150 | 4.100 |
5 | 91824 | 4.010 |
5 | 54992 | 4.000 |
Price($) | Vol. | No. |
---|---|---|
2.970 | 8950 | 3 |
3.000 | 3003 | 2 |
3.500 | 6844 | 2 |
3.520 | 92398 | 5 |
3.630 | 22329 | 5 |
Last trade - 09.51am 15/07/2024 (20 minute delay) ? |
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