By Dale Gillham · 17 April 2009 · Locked
The Australian government's National Broadband Network proposal has left Telstra's future uncertain. But why do investors still flock to this 'white elephant' stock?
Australia’s fascination with Telstra has continued despite the news that the company may not be involved in the National Broadband Network being proposed by the government. People love to own this stock yet for the life of me I cannot understand why. Telstra floated in November 1997, and while the stock rose over the first […]