Im back in, primarily because Penn is gone, to me its worth a 5% bump, even if the rest of the market doesnt agree right now.
I just took a small initial entry, i think a new leader is good long term, but its not going to change anything in the short term, so its not unreasonable to expect to be able to average down sometime.
From a market cycle point of view, i see Telco's as relatively good under rising inflation, they have a fair bit of PP&E and a lot of fixed costs, which is why i think super funds have been going after them (Vocus + Uniti)
Im back in, primarily because Penn is gone, to me its worth a 5%...
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Last
$4.89 |
Change
-0.030(0.61%) |
Mkt cap ! $55.84B | |||
| Open | High | Low | Value | Volume |
| $4.90 | $4.91 | $4.88 | $308.8M | 65.15M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 4221629 | $4.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.90 | 170330 | 17 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| TLS (ASX) Chart |