re: Powering down hill -BRW article Article in this weeks BRW _Telstra issue. Quite a good article with some insight into the direction and why the price slide. They are using their script for the Clarity takeover, margins have shrunk
Services 65% 25%
Hardware 25% 5%
Bought to many businesses
Kaz slumping also.
The market is being ruthless and is dumping any stock which builds up high expectation and doesn't deliver.
Still a lot a lot of potential liquidity available but it seems to me a lot of "risk" capital is being soaked up so there could be opportunities for "value" investments at a later date. Where. I don't know. You tell me.
Disclaimer: ASIC way to busy to worry about you or me.
Powering down hill, page-3
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$1.58 |
Change
-0.055(3.36%) |
Mkt cap ! $272.1M | |||
| Open | High | Low | Value | Volume |
| $1.64 | $1.67 | $1.58 | $1.686M | 1.041M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21954 | $1.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.66 | 1000 | 1 |
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