| 21.08.2009 - Telstra drops as Australia SWF cuts stake |
| From Bloomberg: Telstra Corp. fell the most in more than five months in Sydney trading after Australia’s sovereign wealth fund sold A$2.37 billion ($1.97 billion) worth of shares in the nation’s largest phone company. Telstra dropped 4.1 percent to A$3.50 at 1:56 p.m. on the Australian Securities Exchange, the biggest decline since March 10, after the state-owned Future Fund sold 684.4 million shares yesterday at a 4.9 percent discount to that day’s closing price.............Full Article: Source |