Telstra sold 49% of its towers business, and guess what, the remaining 51% has been revalued by the market - a great outcome!
Everyone is expecting a "shocker" result so if it in not quite as shocking as expected, there might be some upside! As you have said, the expectations going forward will be the key!
Unlike the past few years, all I have seen for the past few months is building, positive momentum. You seem to be waiting for confirmation of the positive turnaround and that's fair enough as it lowers your risk. But you may (and might have already) missed out on some early gains. Thats the trade off!
Some investors look back at what was, others look forward to what might be. Everyone is different and good luck to all!
TLS Price at posting:
$3.77 Sentiment: Hold Disclosure: Held
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