I personally would not look for sentiment for TLS to become too negative
I work in the telecommunications industry and I believe their will be further rationalisation towards the three incumbents - Telstra,Optus and Vodaphone
Forget competition - I don't believe it will occur
What PE ratio you would put on Telstar I do not know but I would be buying below $5.00 for a return to $5.50
Telstra in in the position like the banks to continually put up prices
APK
TLS- how far will it sink? $4.00 a possibility, page-15
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Last
$3.61 |
Change
0.000(0.00%) |
Mkt cap ! $41.71B | |||
| Open | High | Low | Value | Volume |
| $3.61 | $3.63 | $3.60 | $58.29M | 16.13M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 728552 | $3.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.62 | 100000 | 1 |
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| Last trade - 16.10pm 02/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |