The copper network, land line, plus 'yellow page/white page' (are they still exist?), which used to make up 80% of its earnings in the 90s, are all gone. Now another "up to A$2bn of divestments".
It has been a shrinking business for the past two decades. Not sure when it will stop shrinking. Telcom needs innovation to prospect. TLS does not look great in terms of innovation in comparison to its international peers. In addition, too much politics in the boardroom.
I am waiting for sub $2 before doing more research on it.
The copper network, land line, plus 'yellow page/white page'...
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Last
$3.83 |
Change
0.010(0.26%) |
Mkt cap ! $44.19B | |||
| Open | High | Low | Value | Volume |
| $3.83 | $3.84 | $3.82 | $42.26M | 11.04M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 61 | 400632 | $3.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.84 | 949900 | 102 |
View Market Depth
| Last trade - 13.09pm 11/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |