to be fair it was 24 years ago for Telstra so we need to give RFX a little longer!! Hopefully their SP improves more than Telstra has done over 24 years (though they did pay a lovely dividend stream)
In November 1997, the Australian government sold the first tranche of its Telstra shares, 4.29 Billion shares, publicly at a price of $3.40 per share to institutional investors and $3.30 to retail investors.
WTF, page-93
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