There are a number of potential reasons for the price drop.
1. The dividend level is not sustainable. It will most likely fall next time around.
2. The gross profit margin is declining rather than growing as promised.
3. The growth forecast is pretty sluggish.
4. Many feel that the company has taken such an arrogant position with the government, it will lose business as a result.
5. Tesltra missed out on the country broadband deal but are spending money on contesting it in court. More waste of funds.
6. $12m to Sol has not pleased many.
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$3.91 |
Change
-0.010(0.26%) |
Mkt cap ! $45.17B |
Open | High | Low | Value | Volume |
$3.91 | $3.93 | $3.87 | $88.91M | 22.83M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 15079 | $3.90 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.91 | 25000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 40670 | 3.880 |
20 | 145963 | 3.870 |
29 | 442877 | 3.860 |
63 | 314427 | 3.850 |
21 | 73791 | 3.840 |
Price($) | Vol. | No. |
---|---|---|
3.920 | 128514 | 13 |
3.930 | 312682 | 26 |
3.940 | 198972 | 23 |
3.950 | 404266 | 68 |
3.960 | 176372 | 17 |
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