TLS 0.65% $3.85 telstra group limited

rudds nbn accounting trick, page-31

  1. 507 Posts.
    Glug,

    Apologies, I should have been more specific, I should have said approaching $5..

    27/12/07 sales at $4.76-- 28/2/08 sales at $4.95 -- 3/6/08 sales at $4.84, at which time Conroy started playing his games with the FFTN and threatening to introduce anti TLS legislation.. So, yes the Rudd Government has a lot to answer for in the falling shareprice.. Each time the price has tried to get off the floor, he has come out and done or said something to knock it on the head..

    Do not get me wrong, I am not saying any Government is soley responsible for the current price.. Management has a lot to answer for, particularly being too slow in responding to market trends..

    But, what I am saying now, is if there is not an agreement with NBN Co in the next 6 weeks, bugger them and get on with the job of getting the business back on track and righting the ship, which I believe Thodey can do..

    If that means competing with the NBN, if it is ever built, so be it.. We have plenty of fibre and cable of our own to build a you beaut FTTN with our our assets and resources..

    If it means fighting unconstitutional/ anti-competing legislation, so be it the Courts can settle that argument..
 
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