"but Telstra needs to think and act forward."
Couldn't agree more!
Like 5G, iot, NAS, splitting divisions, massive reduction in divi's, non productive asset sales, etc.
Seems pretty forward to me?
Is it too late for them to issue downgrade?
I think the market is saying yes hence the recent strength, imagine if there was even a slight upside surprise in the results after the last few years, what would happen to the shareprice?
Bring it on I say, we start monetizing 5G ar scale in 6 months FY2019 is obviously going to be a challenge but one thing you can't accuse Penn of is over promising LOL, FY 2020 will be the real turning point in expectations IMO.
Dividend, page-43
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