It was a big drop today, but if you look at the last couple of...

It was a big drop today, but if you look at the last couple of months, we are still looking good, would like to see it turn around or consolidate though.
In this graph, the blue line is Vocus share price, as shown on Right axis.
The bars are VOC divided by TLS, and is shown on the Left axis. (i am using Telsra like an index)
You can see upto mid May we had been tracking Telstra SP pretty closely, then the multiple started increasing (Voc had bottomed and TLS still dropping).

The light blue channels are since around results time and our SP and multiple to Telstra surged about 1.1, we still look like we are in that channel to me, but i would be happy to see it stabilise at a small premium above Telstra for a while.

link