Just a few trickled through at 6c. Market seems to be flying blind at the moment.
Telstra story won’t help sentiment and may add to negative speculation until management can provide some clarity.
Who knows, maybe it’s the buy of the year right now but without news we can only guess. They obviously have a bit of spare cash otherwise they wouldnt do the buyback.
Still can’t see it rising too much above the offer price until the deadline toward the end of May but price still a fair bit below that right now so possibly an opportunity.
Just a few trickled through at 6c. Market seems to be flying...
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