I think the defense contract was a surprise bonus on a day shareholders could have expected a pull back.Tls's SP has been rising less than iinet and tpg and imo all three are rising due to the release of the coalition nbn policy which imo the market believes will be delivered within a reasonable time frame compared to labors nbn.Once again the nbn will provide different opportunities for tls compared to iinet and tpg.
Imo there are a few potential surprise ST announcements similar to today,and at $5 paying 5.6% div 7.98 % gross tls is a nice stock to be holding compared to most on asx.
chart, page-46
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Last
$3.70 |
Change
0.030(0.82%) |
Mkt cap ! $42.75B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.72 | $3.66 | $77.20M | 20.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 199823 | $3.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 829839 | 9 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |