Funds will be funds. I watched the Future fund dump hundreds of millions of dollars worth of Telstra on the market at a 10% FF yield. Why? They were idiots and the Labor govt used it to put share price pressure on the Telstra board to cut an NDN deal. How well did that work out for the future fund after the stock more than doubled and kept paying the dividend?
Having said that, the next placement probably wont be to the funds here anyway.
For those who missed this article, page-21
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Last
26.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $522.7M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 26.0¢ | $2.161M | 8.144M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 431626 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 399533 | 13 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| BRN (ASX) Chart |