TLS 1.04% $3.89 telstra group limited

And provided that someone was not getting a gift or shares owed...

  1. 12,929 Posts.
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    And provided that someone was not getting a gift or shares owed to them, there was a seller, just saying, the news makes me worried about an overhang and the recent runup to subside.

    Even still, I just change my sentiment from buy to hold and continue to hold.

    I note that TLS has reportedly abandoned its share purchase scheme for staff in the midst of staff cuts and rationalization, so it could be related to that but without a disclosure, who knows what this transfer was all about?
 
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