Yes, I agree but it makes no sense to me that the Government will now sell NBN to Telstra like the market is indicating from its uptick today. more likely they will impose more restrictions on Telstra to claw the money back on Snowy Hydro and Clough.
Insolvencies on the rise will not help Telstra and mean it is less likely Telstra will snap up NBN Co. So why Telstra is worth $4 when they will not get NBN co is beyond me.
TLS Price at posting:
$4.06 Sentiment: Hold Disclosure: Held
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