Today will not be pretty, page-64

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.