Short term trade I agree, it may have some upside But simple maths will tell you this company is heading south. For example, tls have finally woken up and decreased the pricing on their broadband and home phone deals. The prices are somewhat competitive yet optus and others still have better deals. However by lowing prices the bottom line is also shrinking. They will have to sell a lot more of the cheaper plans to at best break par. This simply is not going to happen. They will decrease price of plans and decrease net profit and drive down the share price. so SELL SELL SELL - FUTURE FUND IS NOT STUPID.
Short term trade I agree, it may have some upside But simple...
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 (20min delay)
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Last
$3.88 |
Change
0.000(0.00%) |
Mkt cap ! $44.83B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.91 | $3.86 | $69.78M | 18.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 66211 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 400250 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |