At current price and with 22cps net dividend the gross dividend (inc. franking credit) is now >10% div/price. Long term outlook is also good because eventually NBN will need to acquire all telephone exchange and major (interstate and intrastate) interconnecting cabling. Maintenance of of 000, etc. should eventually be the responsibility of the NBN. The AUS gov't has really made a mess of things and will rely on Telstra for years to come.
NZ did it right when it separated Telecom NZ into Spark and Chorus, keeping all their expertise and regulating Chorus. For AUS it will take years more to do what NZ is doing as our NBN has had to employ contractors whose personnel need training and development of experience.
$3 walked through, page-153
Add TLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.92 |
Change
-0.010(0.25%) |
Mkt cap ! $45.29B | |||
| Open | High | Low | Value | Volume |
| $3.89 | $3.92 | $3.87 | $132.8M | 33.99M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9138 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 944237 | 14 |
View Market Depth
| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |