TLS 0.26% $3.92 telstra group limited

Going Long 1st Position @ $2.76, page-28

  1. 7,537 Posts.
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    still happy with my remaining position. would like to top up again but no the market is not letting me.

    even with the drop in dividends the share price is holding.

    this suggests to me that the market in its collective wisdom believes that the end is near for tls dividend cuts. maybe another 10% cut to 14c, but this is nothing compared to the recent cuts.

    weaker hands who held for previous dividend ylds have capitulated already.

    Further in the current economic climate there is a small pool of companies that are safe. tls could again start to be viewed as a defensive play

    so a long term fundamental base could well be building.
 
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Last
$3.92
Change
0.010(0.26%)
Mkt cap ! $45.17B
Open High Low Value Volume
$3.93 $3.93 $3.92 $6.513M 1.659M

Buyers (Bids)

No. Vol. Price($)
43 287102 $3.92
 

Sellers (Offers)

Price($) Vol. No.
$3.93 834853 69
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Last trade - 10.44am 21/10/2024 (20 minute delay) ?
TLS (ASX) Chart
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