I am confused with tls for various reasons ie has the recent share price increase been due to shorters taking positions, which they may have increased today which caused the short term share spike.
Al ot of people are saying that the results reported today are close to armaggedon, but going by most analysts options the results are, very close to expectations.
I see a lot similarities between tls and metcash in 2015 approx, when most of the same brokers that are saying tls is worth a fraction of what it's current share price is, for example 4 years ago citi had a sell @ 55 % discount to the the then mts share price whereas morning star and ms had it listed as a strong buy . Instead of mts paying a fully franked dividend of 11%, they suspended the dividend payments and put the money back into the company and within a year the share price more than doubled in price. Before the share price increase almost everybody wanted the ceo gone who had been at the helm for about 4yrs.
Imo I think in the 2nd half of this year the share price will increase alot after the federal election and with 5g gaining traction, but for the next few months I am not to sure.
Imo the hype and demand for 5g is going to be massive, later this year
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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. |
---|---|---|
$3.89 | 133931 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 444562 | 3.310 |
33 | 2195109 | 3.300 |
32 | 2624483 | 3.290 |
25 | 449073 | 3.280 |
15 | 239418 | 3.270 |
Price($) | Vol. | No. |
---|---|---|
3.320 | 615667 | 9 |
3.330 | 2958318 | 59 |
3.340 | 1762379 | 73 |
3.350 | 2779599 | 159 |
3.360 | 300605 | 39 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
TLS (ASX) Chart |