the smart brains know where banking and telcos are heading....google has launched a takeover of Motorola Mobility (mobile telephone manufacturer). No doubt they will engineer the hardware and software for their Mobile Wallet product - and wheres telstra management head in the sand with a stated intention of not entering the banking space.
Current defensiveness of management is why a $3 share-price appears to be entrenched - they need to realise that they sold the core telstra network for 11bn - they are no longer a safe utility player - they need to become a growth company - and that meens find a large growth opportunity that fits the size of the company - the banking market where the big 4 targeted 24bn in npat in 2010-2011 is that opportunity.
I hold telstra shares and hope that they go up.
disclaimer; the above post is my opinion and is not to be used for making any decisions. The above post has been submitted for entertainment purposes only.
stagnant share-price, page-7
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Last
$3.88 |
Change
0.000(0.00%) |
Mkt cap ! $44.83B | |||
| Open | High | Low | Value | Volume |
| $3.90 | $3.92 | $3.86 | $71.70M | 18.41M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 38826 | $3.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 227427 | 7 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| TLS (ASX) Chart |