re: News: QLD govt sells $1.5B stake in QR Na... Without further buybacks, i do not think it has much more upswing than $3.75, at this stage.
Don't forget that they will have to borrow some or all of the $1b for the buyback.
Why would anyone want to buy it now?
EX Buyback and EX Dividend.
Bad timing by the QLD gov.
