(Investors) don't want to see this relatively ferocious back and forth between the government and Telstra management, they want to see a plan for how earnings and the share price of the company are going to be buoyed.

The regulatory outcomes are going affect not only Telstra, but it is going to have a knock-on affect into the rest of the telecommunications industry.

The remarkable thing about it is that the company has been in a spectacular uptrend and yet it constantly amazes with its ability to climb higher and higher.

A lot of the shares that had been the market favorites of late wore the brunt of the sell off today with traders closing down positions quickly.

I want to go down as a representative of people in this area who want to help, but simply can't go.

There's a lot of optimism in the sector and not a lot of pessimism.

Although it has calmed down a little of late, the energy sector still has traders watching it very closely for opportunities and with the price of oil remaining quite choppy this seems set to continue.

Singapore believe that there is an awful lot of profitability to be had out of the route, so you would certainly imagine that Qantas will be less that pleased if it gets thrown open to another airline.

However, by retaining a sizeable shareholding and a share in the management of the company, they are able to hold on to a good proportion of the company's profitability into the future.