Banks are threatening to sue TLS if they don't cough up $US400mil into the Reach venture.
Telstra and its partner are not legally responsible to pay back any debt relating to Reach.
Banks are also threatening to withdraw business from TLS if they don't put in some cash.
Telstra should stand firm.The banks are full of bluster on this one.They would not risk losing future business from TLS and at the same time upset the Australian Government.
Not much more downside to go i would say.
- Forums
- ASX - By Stock
- TLS
- 'banks stung'
'banks stung'
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TLS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.67 |
Change
0.010(0.27%) |
Mkt cap ! $42.40B |
Open | High | Low | Value | Volume |
$3.67 | $3.68 | $3.65 | $52.92M | 14.44M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 23722 | $3.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.67 | 540893 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 23722 | 3.660 |
78 | 777901 | 3.650 |
33 | 244875 | 3.640 |
27 | 261899 | 3.630 |
46 | 305561 | 3.620 |
Price($) | Vol. | No. |
---|---|---|
3.670 | 261658 | 5 |
3.680 | 682604 | 24 |
3.690 | 641190 | 19 |
3.700 | 587794 | 83 |
3.710 | 225317 | 18 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
|
|||||
Last
$3.67 |
  |
Change
0.010 ( 0.16 %) |
|||
Open | High | Low | Volume | ||
$3.67 | $3.68 | $3.65 | 5151487 | ||
Last updated 16.00pm 13/05/2024 ? |
Featured News
TLS (ASX) Chart |
The Watchlist
MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
SPONSORED BY The Market Online