I wonder the same thing when I saw the article, bvw. The buy side has been overwhelming for the last few days. I also wonder if the appointment of this new Chinese director, which have been received positively in the media, has contributed to this huge demand of Telstra.
Austar is I think another positive development with Telstra. From reading the news about Austar I get the impression that ACCC will approve the takeover by Foxtel. I think if/when that happens that will only strengthen Telstra's position as the dominant telco in OZ.
So at this stage, like mikeyowie, I am sitting tight (with a tail between my leg).
tls capital management on 19 april, page-4
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Last
$3.70 |
Change
0.030(0.82%) |
Mkt cap ! $42.75B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.72 | $3.66 | $77.20M | 20.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 199823 | $3.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 829839 | 9 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |