TLS 0.76% $3.92 telstra group limited

s/h info session, page-11

  1. 916 Posts.
    lightbulb Created with Sketch. 5
    hi OP-TRADER, i`m afraid your being a bit hard on TLS saying they are not a defensive stock.
    TLS fell .7 of 1%.
    What did they fall 2 cents ?
    To me thats pretty defensive considering the market was over 40 to 50 points down at some stages.
    In contrast some smaller stocks fell 18% to 50%
    while RIO fell 2.06%
    Yes, telstra did fall, but oh what a tiny fall !
    On that basis, i would still say they are a defensive stock.
 
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