TLS 0.26% $3.87 telstra group limited

merrill lynch - dicey, page-3

  1. 1,971 Posts.
    The cynic in me would say the reason for the $3.55 target was to accomodate the heavy selling by Kerry Stokes last week when the price rose as high as $3.46 (June 21st), and here we are 10 days later the shares get SMASHED down as low as $3.16. Now to save face (and the Stokester is maybe done for now with his selling) the target conveniently drops by 30c to be within cooee of reality. You know it makes sense. I"m NOT Sam Kekovich.
 
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