TLS 0.52% $3.89 telstra group limited

A$4.10 trading - very disappointing start to the week, page-60

  1. 10,439 Posts.
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    closed right on the days low, and on very heavy volume, not a good sign at all, I would have thought half way through the day this might claw back some ground, how wrong was I.
    On a serious note, does anyone know TLS has been falling from around $4.60 a few week ago to now $4?
    Is it just that it lost that auction to TPG?
    Or is there something else going on?
    Could there be some news the big boys know about and are selling before its announced to us mere mortals?
    a divvy cut? a profit downgrade? capital raising?
    There must be some concrete reason a top blue chip like TLS is down so much , surely its not just "the market" selling for no reason.
    TLS is NOT some mining spec, yet its been trading like one the last couple of weeks.
    Surely something must be up.

    Anyone care to make an educated guess about what is really going on here?
 
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