Telstra

Telstra have become cheaper lately. Its price has dropped quite substantially in the past couple of days and it is still dropping. Before the NBN deal announcement, which will give Telstra around $11bil post tax for around the next 9 years, its price was climbing from its lowest. I personally not sure why the sell off. The media did not provide negative news only after a couple of days of dropping. I say it is great, perhaps when the price is low enough, I will buy some more. I love its economics. But just want to make sure, I will try to  re read its financial statements for the past couple of years. See if it might contains something good so that I can buy some more with more confidence.