TPM 0.00% $8.93 tpg telecom limited

News: TPM UPDATE 1-Vodafone Hutchison Australia partners with Nokia to kick off 5G rollout, page-17

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    I got in 3 months back. I was hoping for a stronger run and some sort of breakout above 7 before the merger ann, in order to have enough distance between my entry and stop. Not to be. I got out a few days ago.

    Markets always do what no one expects, meaning the merger could be rejected. In that case price will gap down, I don't know by how much, but it will probably grind back up because the business has stabilized since the 5G saga, plus has new overseas ventures. Even so, better to miss out on a good win rather than deal with a gap down. Opportunities abound elsewhere.
    Last edited by AdVictoriam: 22/01/20
 
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