tls being sold off by institutions, page-6

IMO Thodey is responsible for this for allowing the negotians to go on with Conroy's NBN team for too long.

Institutional and retail investors are getting anxious that the government is calling the tune and Thodey is caught in their vice. This suits the Government as the lower the share price the less compensation they expect
to have to pay Telstra shareholders.

Something fishy somewhere, IMO an announcement has to come shortly. Did anyone hear Lindsay Tanner on the ABC (774) this a.m.? In answer to a question from Jon Fain about the cost of the NBN, Tanner replied that they couldn't do a propper cost analysis for the NBN until the government had made up their mind what they were going to do with the Telstra shareholders.

It seems as though Telstra shareholders will be expected to accept what the government is prepared to put on the table.

There is an election later this year and I guess the thought of a class action could just concern the government a bit.