shareholders equity, page-17

"I would love to see you run the same analysis for your Freshtel given that you recently dumped MNF and jumped into Freshtel."

As previously mentioned, there will be some ruler-running over Freshtel when the next 4C is out.

But don't forget FRE provided the market an opportunity to invest in her at a value that was below cash-backing (on a post rights issue basis). It's also delivering a 70% ROI since then. It's also got more in it imo.

BTW am still stunned by the FRE shortfall amount given the lack of rights trading volume - some people just don't like free money.

Cheers,
The Sparkler