re: tattersals - flying start The instos need it but at these...

re: tattersals - flying start The instos need it but at these prices they are having to buy it at way above it's intrinsic value. Most investors believe TAH is a much better deal - more likely to hold on to licenses, better growth prospects, lower PE and so on. In fact I don't even know why they are buying. Why don't they just wait till it falls to a more reasonable price. It will only be a matter of time before more shares will be released into the market and the this stock will trade at what it is worth.