The below post is my opinion;
It is a bit sad that after labor totally destroys telstra's shareprice it will get to ride in like a white knight with a deal to save the company! I think even with labor policy tls is starting to look cheap.
Truth is labor has just about completed stage 1 of split telstra on behalf of media barrons campaign.
Stage 2 appears to be kicking in with media barrons handing media rights to other iptv company's rather than foxtel.
Just imagine where telstra shareprice would be with a coalition government - where investors are rewarded for taking risks and capital and property rights are respected.
It is a pity tls management couldn't close the gap on the 14% versus 18% return on capital for fibre to the node investment the coalition was aiming for.
If 2 mp's changed sides I reckon tls would rocket much more than if the labor party gets its NBN legislation through.
Disclaimer: the above post is my opinion and is not to be used for making any decisions. It is posted purely for entertainment purposes.
I have not stated a sentiment as the company is a political football but I have a position and hope it goes up.
The below post is my opinion;It is a bit sad that after labor...
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Last
$3.93 |
Change
0.020(0.51%) |
Mkt cap ! $45.40B | |||
| Open | High | Low | Value | Volume |
| $3.91 | $3.93 | $3.89 | $94.15M | 24.02M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12492 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 2364145 | 32 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| TLS (ASX) Chart |