Post by
bartno12001 on Aug 16, 2024 7:53am
Tixt
Yep news is out. No acquisition by telus.
Comment by
ssomervst on Aug 16, 2024 9:01am
Overall this is a positive that Telus is willing to step in to support the share price at these levels. The covenant talk was nonsense as Telus would step in and privitize if necessary. IMO we are at the bottom but agreed this will now become a show me story for the next few quarters. Lots of upside here once growth starts picking up again.
Comment by
bartno12001 on Aug 16, 2024 9:40am
I had a feeling they might do that. Anyway I sold half at open and now sold the rest at 4.7. All the best. I will wait for a few months now before getting in