re: Ann: Telstra's Half Year Results Anno... Nova Star,
I am glad I was able to throw a bit of light on
the longer term picture..
BTW, the Future Fund have a holding of just over 10%, but they will not be selling the lot.. Most large instituional holders are required to hold a certain number of shares, depending on the company's weighting in the index.. In this case the FF will probably sell down, at some stage, to 5/6%.. But, they do not have to do so by any particular date, they can pick their time depending on the share price..
Ann: Telstra's Half Year Results Announcement, page-49
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