TLS 0.26% $3.86 telstra group limited

Today will not be pretty, page-47

  1. 658 Posts.
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    I agree that it may head lower, I don't see it as a sell at 5.00. The yield on this stock makes it a world class play, and as long as interest rates stay relatively low, then this will always be bought on dips.

    Today saw almost 10 x normal daily turnover, and while that means there were a lot of sellers we must remember that there were also a LOT of buyers soaking up the short-term sell-off.

    The yield on this gets better and better as it dips, so buying pressure will increase on any attempted sell-off.

    I bought from 4.93 down vwap today. I had a last buy limit order in for size at 4.83, which I sadly missed as was out most of day. Maybe I get it filled tomorrow.
    Last edited by michaelhp: 16/02/17
 
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