will it sell at above ipo when lists, page-2

Make up your own mind this is not financial advice.

The stock has been held artificially high in recent days due to a short squeeze created by brokers calling for the return of borrowed stock used in shorting. It was orchestrated as a term of broker allocations in the upcoming issuance.

It has been made clear that the stock will be available for shorting again in multi million parcels from November 20 and I will be selling as many as I can find..

Read page 1 of today's Fin Review, the small players are not buying t3 despite the bulk advertising.

If I was a holder I would sell now. I expect the stock to drop sharply in the VWAP period. I expect the share price to fall towards the full instalment price and that price to in turn fall sharply.

What's the point in a dividend if you lose more in capital and I think you will.

This is a very risky business and I don't think TLS shares will be this high again. I think Sol will shoot through in the next 24mths after selling the company on behalf of the government.

TLS will never make it as a media company. It is now selling gimmicks.

On the weekend AAPT linked with Powertel. Today Optus is offering huge discounts for fixed line users. Next 3G will be on the fixed line deals and Vodafone will follow as they have done in the UK and New Zealand. The fixed line rort is all over.

If computer movies become fashionable the multis will blow the locals away. Telstra has been a dismal amateur and a failure as a media company. They are not in the hunt.