I added 2,000 today, moving up to 17,000 shares. I agree with Ralom that the recent decline is due to disappointment about the retention of Infraco. As he points out, this asset is being retained for now, but might yet be sold in the medium term…at our discretion. The value of the asset hasn’t dropped, and the Vocus indicative bid for TPG’s assets may be encouraging as to what the value of Infraco might actually be. TLS was in full control of that decision, and has clearly retained Infraco for a reason. With a fully franked yield solidly over 4%, and the telecommunications industry enjoying more favourable headwinds than it has for a long time, I feel TLS should be bought below $4. So I did!
Where to now for long term investors of Telstra, page-12456
-
- There are more pages in this discussion • 314 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add TLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.86 |
Change
-0.020(0.52%) |
Mkt cap ! $44.60B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.87 | $3.84 | $58.46M | 15.16M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 68399 | $3.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.87 | 76368 | 8 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| TLS (ASX) Chart |