The last week's price action shows a resumed level of support at...

The last week's price action shows a resumed level of support at $1.44 - which after the previous temporary fall to $1.31 - is similar to the support existing in early October:



Again ignoring the previous 3-day fall, there has been a steadily ascending channel of support since early August:



According to a recent article from the Australian Financial Review, Telstra's chairman (Rod Mullen) had this to say about broadband connection speeds and the NBN:

There's no doubt in my mind that Telstra made life pretty difficult for the government to achieve its [broadband] objectives at that time [in 2009], and mea culpa that," Mr Mullen said."We certainly didn't help. But the point I was trying to make was I think private industry would have delivered 100 megabit speeds to a majority of the Australian population without the government investing a dollar."