JC,i'm going to keep my sentiment as a buy for one reason...

JC,i'm going to keep my sentiment as a buy for one reason only.1/7/19 capex will b cut by $1b and that can b added straight to ebitda for coming FY ie fy20. starting in 3 months.
I'm not going to include any other figures to support my buy sentiment whether restructure costs,cost reduction ,efficiency gains?,nbn increasing lease payments,asset sales etc etc because imo its impossible until maybe fy21 when transition is closer to completion,or we get a cfo that can explain the figures as such a unprecedented transition continues for next 1,2 3 years..
Any where between 3 and 3.40ish i believe tls is a buy and worth having in a portfolio.I may trim 3.50ish depending on news.

Or tls starts to take base load energy production and energy retail seriously.

Ash,watched a little bit of paul murray last night,panel cory bernadi 'australian conservatives' pro nuclear,troy bramston from 'the australian' lol anti trump and anti coal but strangely then said pro nuclear,i feel these specifically nuclear modules have a chance of being deployed.The strange part is major political parties are happy to express their opinions on coal whether for or against but both appear very reluctant to mention these modules.Bottom line,if u do not include coal or nuclear in energy policy australia will go broke if it tries to rely on wind and solar,common sense imo..