‘Absolute nose dive’: Spark falls under $2 for first time in 13 years

‘Absolute nose dive’: Spark falls under $2 for first time in 13 years
Spark's share price fell 5.54% on Thursday to $1.96. (Image: Supplied)
Staff reporters
Spark's share price has fallen below $2 for the first time since January 2012.While Thursday's 5.54% drop to $1.96 was due to going ex-dividend, Salt Funds managing director Matthew Goodson said it’s been a painful couple of years for the telco's shareholders. “In fact, it’s been an absolute nose dive since their recent peak of $5.40 as recently as January last year,” he said. “What is eye-opening is that the handle in front of Spark is now a one, not a two or three or a four.” Goodson s...