I was told i was talking nonsense for suggesting funds must buy Telstra back as part of their index funds, therefore the SP will make a protracted comeback soon. All it takes is one broker to show the market they have been loading up on TLS for their clients to cause a flood into Telstra. If they all start believing the bottom is in the funds will reallocate their underweight positions in TLS.
Today a tiny target increase and woosh! It's only started raining but once it turns into a pour, lookout! $4.50 is my target for now.
Credit Suisse Raises Telstra Target Price to A$4/Share From A$3.90
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I was told i was talking nonsense for suggesting funds must buy...
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Last
$3.92 |
Change
-0.030(0.76%) |
Mkt cap ! $45.29B |
Open | High | Low | Value | Volume |
$3.90 | $3.94 | $3.89 | $82.91M | 21.15M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 119289 | $3.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.93 | 216910 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 117547 | 3.920 |
13 | 213085 | 3.910 |
28 | 346715 | 3.900 |
24 | 626047 | 3.890 |
21 | 576987 | 3.880 |
Price($) | Vol. | No. |
---|---|---|
3.930 | 207865 | 4 |
3.940 | 239323 | 13 |
3.950 | 477644 | 39 |
3.960 | 429693 | 48 |
3.970 | 377893 | 27 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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TLS (ASX) Chart |