thank you. you have written a pretty good summary.
nbn might be over, 5g is starting >> new phone are coming with 5g capabilities now, Telcos have to upgrade.
There are many infrastructure spending going around
previously at over 15x pe is expensive for contractor
currently pe of 8x based on projected eps of $0.1 >> reasonable
historical payout 60% >> attractive yield
risk - next year earnings fall short. cancel dividend again.
Ann: Completion of Retail Offer Booklet Despatch, page-69
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