Well that will be all we will probably hear from management now until reporting so its just the share price trying to find a new base floor price range till then. I would guess somewhere between 275 and 320 will be the trading range for the next few months till reporting end of Feb 17. Risk premium has gone up on this company which is reflected in the new pricing, (perhaps overdone imo). Management have to some extent doused the uncertainty that Telstra are still solid partners but the costs at the fringes of the revised deal are still to be determined. They should surely show growth but questionable whether it will be materially worse as a result of the new deal.
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Well that will be all we will probably hear from management now...
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