IMHO I think a lot has to do with tax loss selling by retail/instos this month so I am expecting a good bounce in July, if Mr Penn doesn't disappoint too much tomorrow.
A lot of the bad news has now already been baked into the SP.
Also Roger Montgomery is buying shares in TLS after being a long term bear and was calling it's intrinsic value was only worth $3 approx 6years ago, when the SP price was a lot higher.
This gave me the confidence to now buy in most recently to become a LTH based on all of the above!
GLTA & DYOR
"Is it safe to buy Telstra shares again" Roger Montgomery "
IMHO I think a lot has to do with tax loss selling by...
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Last
$3.96 |
Change
0.000(0.00%) |
Mkt cap ! $45.75B | |||
| Open | High | Low | Value | Volume |
| $3.95 | $3.98 | $3.94 | $52.92M | 13.36M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 857748 | $3.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.97 | 497142 | 27 |
View Market Depth
| Last trade - 16.10pm 19/08/2024 (20 minute delay) ? |
| TLS (ASX) Chart |