- Benson,
Your past “negative” posts were vindicated. Market reacted negatively yesterday, just like the past few years, after Penn’s presentation. Short sellers had a field day. Ha!, Penn is consistent in the sense that share price dropped after his presentation.
However, my blind faith continues based on the following reasons:
1) yield is reasonable
2) future prospect is good. Many services that are in demand during the pandemic will be reflected in 2021.
3) costs (especially labour cost) can be reduced in 2021.
4) some significant successes in Telstra Ventures
(20min delay)