They have to bid... they cant risk giving other bidders a free run to the NBN funding prize. While I have my doubts about Terria being able to fund NBN, the fact they are bidding means Singtel/Optus are serious about putting up most of the funding, be it equity or debt.
Didnt Telstra do the same thing with the $1b OPEL funding? They lobbed in a bid at the last minute & they lost. They chucked a tantrum after that so one would think they are not going to risk doing that this time round.....
is telstra going to bid?, page-6
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Last
$3.91 |
Change
0.015(0.39%) |
Mkt cap ! $45.00B | |||
| Open | High | Low | Value | Volume |
| $3.88 | $3.91 | $3.87 | $10.80M | 2.772M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 65 | 455112 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 541540 | 48 |
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| TLS (ASX) Chart |