Ok, got my 2.65 allocation (gulp!) could have had it instead at 2.63 b*r! Next pickup point 2.55 if it gets there.
It seems the problem is political uncertainty along with the impending price war (Note- The price war is not something that began a few days ago. I believe the price war has been running for long. So in short I am blaming this on political uncertainty).
No confidence motion looms
For comparison, both IINet and TPGM (TPM) have also been tanking over the same period as Telstra.
reason for sell off, page-42
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Last
$3.96 |
Change
-0.010(0.25%) |
Mkt cap ! $45.63B | |||
| Open | High | Low | Value | Volume |
| $3.97 | $3.98 | $3.95 | $17.00M | 4.294M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 151 | 691492 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 120639 | 45 |
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| Last trade - 12.34pm 21/08/2024 (20 minute delay) ? |
| TLS (ASX) Chart |