Hey GR,why when I say something negative about tls it sticks to me like a rusty fry pan.
When penn says something negative about tls but with a smile on his face it slips off like a new teflon fry pan.
He became cfo in 2011,ie when nbn agreement was signed.He became ceo in 2015 and continued to increase div to .315 cents.EPS approx .32 cents
Finally in 2018 he says housten we have a problem with nbn agreement.
In 2018 div and earnings collapses but he says it with a
In 2021 earnings will have collapsed from .32 cents eps to .136 cents
So it took penn 7 years to understand the nbn agreement/headwinds would reduce telstras EPS by approx 57%
(20min delay)