I would not be buying in for the Dividend.
The price of this stock could finish up anywhere.
The problem we have now is a Company with a bucket full of ( our ) money,but absolutely no idea what they are going to do from here.
History is littered with entrepreneurs who have made a fortune and thought they were so clever that they sold their business, tried something else and failed.
Telstra had a free ride with their landline business but there is nothing that I am seeing which says they now have a plan to take advantage of emerging technologies.
We are effectively looking at a startup led by a CEO who does not understand the business he is in and is now thrashing around looking for the next big thing.
Where to now for long term investors of Telstra, page-164
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Last
$3.70 |
Change
0.030(0.82%) |
Mkt cap ! $42.75B | |||
| Open | High | Low | Value | Volume |
| $3.67 | $3.72 | $3.66 | $77.20M | 20.89M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 199823 | $3.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 829839 | 9 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |