"Conroy has stated that the NBN will be built regardless of whether telstra cooperates. This implies that the government has the ability to just write out a cheque and not have to worry about the economics of it."
Have you been overseas for the last couple of years? This government has been writing cheques like there is a bonus for each one written, the economy is the furthest thing from Conroy's mind.
If necessary Conroy can always use the Future Fund to provide the cash, after all the NBN Co. will be a world class investment lol.
Don't rely on reason to get Telstra shareholders out of this crap.
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Last
$4.93 |
Change
-0.020(0.40%) |
Mkt cap ! $56.18B | |||
| Open | High | Low | Value | Volume |
| $4.88 | $4.94 | $4.86 | $78.53M | 15.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 14400 | $4.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.93 | 14000 | 1 |
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| Last trade - 16.10pm 16/07/2025 (20 minute delay) ? |
| TLS (ASX) Chart |