I agree with your comments jackarooz that outcome is uncertain....

I agree with your comments jackarooz that outcome is uncertain. We can only go on what has been announced and response to ASX speeding ticket which said nothing at all really. I also can't believe that their dipping there toes into a new retail format can be material either way as long as they don't lose focus on the core business. Telstra also probably won't want to shoot themselves in the foot by doing a dirty on Vtg who are probably small fry to them but provide a good source of generated contracts which is where Telstras real bread and butter lies. I still am expecting a recovery at some stage so reluctant to sell at this late stage and be suckered out of a move up. There could be further losses in the share price but where these reverse we really don't know as I agree there is no technical support for the share price until even lower.