TLS 1.04% $3.89 telstra group limited

Going Long 1st Position @ $2.76, page-28

  1. 1,416 Posts.
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    still happy with my remaining position. would like to top up again but no the market is not letting me.

    even with the drop in dividends the share price is holding.

    this suggests to me that the market in its collective wisdom believes that the end is near for tls dividend cuts. maybe another 10% cut to 14c, but this is nothing compared to the recent cuts.

    weaker hands who held for previous dividend ylds have capitulated already.

    Further in the current economic climate there is a small pool of companies that are safe. tls could again start to be viewed as a defensive play

    so a long term fundamental base could well be building.
 
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Last
$3.89
Change
0.040(1.04%)
Mkt cap ! $46.33B
Open High Low Value Volume
$3.86 $3.90 $3.85 $66.87M 17.23M

Buyers (Bids)

No. Vol. Price($)
2 285738 $3.88
 

Sellers (Offers)

Price($) Vol. No.
$3.89 133931 11
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
TLS (ASX) Chart
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