So for example, Penn talks about the seperation putting Telstra in a position where it could buy NBN, that would be excessive debt, how would Telstra pay for it (other than huge capital raise and SP dilution),
Why talk about wanting to buy NBNCo and be constantly increasing debt at a time when earnings are decreasing, i dont see it working out.
And it all sits on Penn's shoulders.
TLS Price at posting:
$3.05 Sentiment: Hold Disclosure: Not Held
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