vindication, page-13

Good post Tim, but I am not sure of the logic in your 2nd last paragraph.

Apart from a few like you (who bought rights on market) almost all the new 300m shares are going to people who collectively already hold 400m. So, they do not have to wait until the end of next week to sell their 'new' shares. If they wanted the 10% on their 'new' shares they could have taken it yesterday on their 'old' shares. As it was, the few who chose to 'cash in' some, actually got between 50 and 80%.