I had a seniors moment. Ok yr reinstated ignore the slip. ps i'm also more frustrated that shell buys erm so quickly and brickworks does what brickworks needs to do and brickworks is a brick co. Tls does nothing.Ok they spent the capex on 5g and there developing their network fine,as posted trujillo made clear the importance of maintaining mobile leadership but again no mention from penn regarding 6g research.. But you develop such a network for 2 reasons,to attract and maintain market share but also clearly to take advantage of opportunities that require the network obviously and especially as technology develops.. Example it was brought to my attention the concerns a shareholder had about wechat on another co.I had no idea what wechat was ,once i googled it i discovered tencent owned wechat.Wechat is now one of only 2 major players for mobile payments in china .The market share is massive and well over 90% of chinese payments is mobile. with agreements in place with apple pay ,expansion globally etc blah blah blah. I'm not going to look thru the history of wechat but i suspect wechat's (ie chinese facebook) basic dominance of chinese payments with alibaba the other player grew from wechats original chat site customer base.. Just like apple pay grew from its iphone market share globally and domestic as in US.. Tls has its share of dominance ,but penn does nothing . (i was going to say ,but give out awards at the ballet) but i wont.
TLS Price at posting:
$3.74 Sentiment: Hold Disclosure: Held
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