Smart move. Doing it during trading hours would have caused a...

Smart move. Doing it during trading hours would have caused a massive dump, and on a nasty day like today, especially so. There will still be a selloff on Monday but it won't be as severe.

It'll be interesting to see what happens through the day on Monday, and through next week. I'm guessing there will be bargains to had for anyone confident about the company's fundamentals. As a non holder I'm not really too fussed and will watch mostly out of interest rather than concern, but I do hope that the selloff isn't too severe, partly just for the sake of holders, and partly because I hold TNT and a drastic selloff would be bad for the Australian sector, not just this specific company.

I wouldn't be surprised if they pop some positive news in before open on Monday morning. If they do have an ace up their sleeve, Monday morning would be the best time to play it.