Telstra has been used for years as a funding tool.
Prop desks frequently short Telstra to use the money received to buy higher beta stocks.
It's done because Telstra moves relatively slowly, and doesn't have massive spikes often.
thinking thursday, page-116
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add XJO (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
8,226.3 |
Change
26.800(0.33%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,199.5 | 8,231.0 | 8,150.1 |
| XJO (ASX) Chart |