Ignore the rubbish at the bottom of previous post...

Ignore the rubbish at the bottom of previous post (dooh!!!).
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The fact that few retail investors are buying into T3 is probably a good indicator that TLS is near the bottom and on the way up (retail investors always seem to be getting in near the top and getting out near the bottom).

I think that the instalments will list at a greater premium than the 10c discount offered to retail investors and that is due to 2 things:
1. the 10c discount
2. the fact that it gives you leverage into TLS stock (like any listed options - these have 18 months of premium to be considered).

Just my 2c worth.