TLS 0.26% $3.85 telstra group limited

"Does not need to move higher,"I suppose the people who got on...

  1. 1,752 Posts.
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    "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.



 
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