People are laughing at a certainity comment. No such thing...

People are laughing at a certainity comment. No such thing etc.

Well in this case there is. There are lots of agendas here from brokers,institutions,the media and the govt. Dont beleive all you are reading.

Politically this needs to list at a premium. In which case it will be the QLD govt sold it too cheap but this is better than unhappy shareholders who lose a lot of money and vote.

See this article from today.


''The Queensland government will retain 34 per cent of QR, with the market-stabilising option of buying back a further 6 per cent within 30 days if there is volatility in the share price''


http://www.brisbanetimes.com.au/business/low-expectations-before-qr-float-20101121-182l3.html