"Does not need to move higher,"
I suppose the people who got on board bellow 3 bucks are quite happy with telstra's recent performance, acting as a defensive stock in falling market and re-bouncing fairly quickly after going ex dividend.
However for the sake of mum and dad investors, some of whom paid over 5 bucks for the stock, still holding and collecting relatively modest yield in terms of their initial investment, I am for a good rise in SP. And I mean good rise.
Maybe then I will buy a smart phone, put some money in it and go on a shopping spree.
stagnant share-price, page-30
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Last
$3.93 |
Change
0.020(0.51%) |
Mkt cap ! $45.40B | |||
| Open | High | Low | Value | Volume |
| $3.91 | $3.93 | $3.90 | $133.6M | 34.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 486481 | $3.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 76101 | 8 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| TLS (ASX) Chart |