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TLS $2.77

The cat is back in the bag ... ???

  1. rembrandt

    5,816 Posts.

    Hmmm... too much foot-shuffling behind the scenes regarding T3 sale and huge volume recently disguised as tax selling.

    Yesterday was nothing more than the bulls blatantly loading up irresistably into TLS at these levels.

    Medium/long term investors who only see red over TLS ... adding now need not be considered averaging down but a sound strategic entry with the promise of upside to come as T3 machine rolls forward.

    The sudden(?) prospect of a sale signalled last week seems to suggest the 'split/half sale' alternatives might have quietly died and curiously a quick(?) 20% from $4.50 low last week would be just about see Peters $5.46 number.

    The Sydney Airport sale and $5billion proceeds tickled Johnnie's ideological bent to extinguish Labor(?) Govt debt during this term and with Richard flagging near satisfactory service levels in the bush ... seems the cat could just about be in the bag ...

    Chart looks like this ...

    This is only my view ... read the red stuff.

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