don't understand the panic over a potential dividend drop...look at TPG...gives out 2-3c a yr dividends and it's price is nearly double...yes I know it's one of the most shorted stocks but still, if Telstra pulls its finger out and puts up a fight and plan ahead, pretty sure it's share price will take off.
I personally think it's a screaming long term buy at this price range. Will stock up again if it hits below $2.75. If Penn goes, can see the stock heading back towards $3.50 in a whiffy. Selloff are mostly fund managers who lost faith in the stock.
Unfortunately, I see a lot of jobs going and cut backs etc, I for one is lower dividends (15-16c a yr) provided it goes back into making the company super solid and recession/global meltdown proof and provides a great priced service.
Wishful thinking.
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Last
$3.95 |
Change
0.030(0.77%) |
Mkt cap ! $45.63B |
Open | High | Low | Value | Volume |
$3.94 | $3.96 | $3.92 | $111.0M | 28.17M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 141776 | $3.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.95 | 1446719 | 40 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 257 | 4.260 |
1 | 266 | 4.140 |
2 | 3227 | 4.120 |
1 | 1105 | 4.110 |
1 | 2735 | 4.040 |
Price($) | Vol. | No. |
---|---|---|
3.500 | 6670 | 2 |
3.740 | 1151 | 1 |
3.760 | 10 | 1 |
3.810 | 875 | 3 |
3.820 | 3414 | 1 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
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