Anyone that took the time to actually read the half year report would know Telstra is struggling and have been static (well actually flailing) for at least a year. Overvalued for far far far too long.
A gap down like that is the biggest indication of weakness you will see.
Next come the personal attacks(not necessary but I don't mind),this is my opinion of an overvalued stock
CLSA - downgrade to A$4.20 TP, page-45
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 (20min delay)
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Last
$3.88 |
Change
0.025(0.65%) |
Mkt cap ! $44.83B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.90 | $3.85 | $25.35M | 6.538M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 63 | 407625 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 107609 | 13 |
View Market Depth
| Last trade - 13.29pm 15/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |