This is just a political play. Rudd government has not actually pushed TLS off the game. They will let TLS back in eventully just to be a fair game for everyone. Market assumed TLS is the only one to afford and able to carry out NBN project, but in reality, Acasia has better proposal and much cost effective one. Even if TLS win, all the project money will be going to overseas vendors to supply the materials. Let me remind you that TLS is run by foreigners (majority of top management is non-Australian)... Once TLS back in the game, long position will resume...
rudd stimulus package, page-14
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$3.86 |
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Mkt cap ! $44.42B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.87 | $3.83 | $43.58M | 11.32M |
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| No. | Vol. | Price($) |
|---|---|---|
| 14 | 137474 | $3.85 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 404025 | 16 |
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