CHARLIE AITKEN: Well the stock went through $3 today. It traded $2.99, I think, on the low point. Stock was ex-dividend 14 cents, plus the franking credits. I wouldn't be surprised to see Telstra trade somewhere between $2.80 and $2.90 over the next week.
There is a bit of a rumour that the Future Fund might sell some more shares; that's something to keep an eye on. But, I think, look, really Telstra was being bought for dividend support. Now the dividend's gone, it should just lull around while we wait for some news on the NBN.
http://www.abc.net.au/lateline/business/items/201002/s2827257.htm
market analyser professional says buy telstra, page-7
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Last
$3.87 |
Change
-0.010(0.26%) |
Mkt cap ! $44.71B | |||
| Open | High | Low | Value | Volume |
| $3.89 | $3.90 | $3.85 | $56.84M | 14.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 115918 | $3.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.88 | 389464 | 16 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |