TLS is buying back its shares at a high SP, in fact a 52 week high, if it falls, she'll be a heavy fall because the buyers will not come into the market to the same extent that TLS currently is in buying back its own shares.
Buybacks do not work in relatively illiquid markets like the ASX.
TLS might be very adversely affected by the ALP Greens TEALs that steal minority Government. That would be bad for TLS as the ACCC will be the main regulator in town, not just for anti-trust reg but maintaining their whole economy down there and getting the prices down and down further.
Telstra might get smashed by regulatory fines under an ALP minority Government.
TLS Price at posting:
$4.27 Sentiment: Buy Disclosure: Not Held
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