well, telstra's 4c above its float price back in the 90's.
If you'd forecast that ten years ago, you'd have been run out of town.
FUT's price depends on a lot of things we don't know yet, including what we're going to find out in a few hours.
I don't think it's worth wondering about future prices imho.
But I reckon Telstra was still a better bet in 1998!
