ps and while i'm at it what did annoy about Roger Montgomery's comments re the restructure was he stated the obvious,yes tls has its mobile network on the books at $280m so obviously after restructure and tls 'mobile; is basically the only profitable sector within tls its obviously going to be worth closer to $4 to $5b . But he didn't go on to talk about infraco or servco,currently infraco has that $1b nbn govt lease,but unless tls adjusts costs to make infraco profitable it will not be investment quality.So where does tls transfer costs to?servco.I notice montgomery's by what i have read never mentions servco.? The restructure will not increase profits it just moves the chairs but wait for the restructure headwinds.
TLS Price at posting:
$3.44 Sentiment: Sell Disclosure: Not Held
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