If MM didn’t already own Telstra….
Hi MM, TLS is a stock I have been watching for a while now, waiting for a potential opportune entry point. It is now down another 3.5% today (as at the time of writing; the market hasn’t closed yet). Further to your update on TLS this morning, if MM did not already own TLS in its Active Income Portfolio, would MM buy TLS for that portfolio at or around this level (assuming you had available cash, etc.)? I see that TLS is still showing as “Active” in the Portfolio Holdings List on the MM website – is my understanding correct that that this means you still consider it a Buy at current levels? Thanks, Darren