privatisation, page-5

I doubt that any of the institutional entitlement offer shareholders own any of their 4 for 5 entitlement after today. 115 million shares were traded at a big fat one day profit of 25% for them. While we poor retail shareholders, what did we get? well all we got was a big fat drop in the value of our holdings. TEN are laughing at the the successful $230m equity raising (killing)and the big corporate players are laughing at the quick 25% return (killing). Something stinks here.