it is unsurprising to me. look at it from an earnings perspective, another day of high losses in FoxTel and Kayo, losses due to who knows what, a News Corp vanity project that TLS cannot seem to get the heck out of.
Another day, another loss of money and subscriptions and expenses into a white elephant that the rest of the world forgot, Cable or Satellite Subscription is so 70s, 80s and 90s, nostalgic and vanity but there is no profit in no more. Like a throwback to the Soviet Union and East Germany/ Cuba.
So that hunting dog for satellite died a decade ago. RIP.
Reminds me of the Moving Pictures song being applied to TLS sholders. What about me? it isn’t fair, I have had enough now, I want my share (of a profit).
Telstra becomes an old style historical legacy company with association with the FoxTel JV IMHO.
TLS chart, page-797
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Last
$3.93 |
Change
0.020(0.51%) |
Mkt cap ! $45.40B | |||
| Open | High | Low | Value | Volume |
| $3.91 | $3.93 | $3.90 | $133.6M | 34.03M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 486481 | $3.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 76101 | 8 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| TLS (ASX) Chart |