IMO, BUD is better without Telstra. Tesltra are hopeless in all areas. Im not sure why many thought it was tremendous. BUD needs to have a smaller fish in a bigger pond in Australia where the market is smallish and the buyers are fickle.
What is concerning, is that much of the noise regarding the CR was to support a mega deal and Telstra was part of that mega deal. So some may argue that BUD directors have been very opportunistic. That in itself is not a problem, but it does paint the CEO in a darker shade maybe and removes some geeky goodness.
I am looking to get back into BUD, and maybe the time is near.
BUD Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held