As there are a lot of SMSF out there that hold Telstra stocks I Just wondering what the general consensus was on the best strategy to take in relation to the buy back offer.
My SMSF is in pension mode and my mate tells me that I would be mad if I didn't take up the offer but I am not sure if it would be a good move to take.
I do like the stock and think that it stands reasonably well in my portfolio of income stocks.
If I was to sell to make a quick buck then I would have to buy back in again and this is where I believe there is a high risk as some believe that this stock has the potential of moving to $6 or even $7 in the near future.
Has anyone done or seen some sums on this matter that they would like to share?
