Agree with Benson. Total shocker. TLS goes the opposite way to XJO starting August 2016 and still deviating after 4 full years. It was the August where the 3 billion CAPEX was announced to upgrade TLS 4G to 5G.
To correct and improve this chart here is the responsibility of a CEO. If he can't turn it around in 1-2 years, then surely something should show in the 3rd year. But 5 years after appointment, the stock still goes the opposite direction to the XJO Australia broader market. Penn has been a total disaster for this stock. The man failed to find any kind of growth in that time. The word disgraceful can be used.
Meanwhile, the gap to $3.11 on the hourly just closed. Just let the RSI come a little closer to the 50 line and touch it and I'm out with 7k on this trade. Don't care about the div. Already got 8c off it.
TLS Price at posting:
$3.11 Sentiment: Buy Disclosure: Held
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