The reduction in future dividends is a big blow to long term "mum and dad" investors. Imagine income to be reduced by 30% (just like a pay cut of 30%).
CEO has yet to finalise the securitisation of NBN income. No clear direction from him as to how to grow the business via technology. Overall, it was a poor day for investors.
To be fair, the actual result was reasonable.
Any suggestions as to how to deal with our investment in Telstra?
Where to now for long term investors of Telstra
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