TLS 1.04% $3.89 telstra group limited

Just for something different, how is the general sentiment for...

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  1. 30 Posts.
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    Just for something different, how is the general sentiment for Telstra at the moment. As a very long term shareholder I am thinking that most of the bad news is out and there is some positive news to come. We are starting to see the end of the tunnel re the NBN and 5g is much closer to reality. Mobile plans seem to have found a bottom and Telstra is taking the wind out of the sails of low cost resellers with the Belong brand. InfraCo will soon be able to be stand alone and the IOT is about to explode. NBN will come under increasing pressure to reduce their charges otherwise smaller resellers are going to go broke. On top of that, chartists will soon pile in because it has risen more than 20% from its lows and is in an uptrend (and that’s all they care about). Even my brother who has bagged Telstra for the past 5 years is now in there buying! As the share price increases, institutional investors will need to increase their weighting.

    I think the the worst is over. What do others think.
 
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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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