20.10.2010 - Future Fund ditches more Telstra shares
From Businessspectator.com.au: The Future Fund has sold 113.6 million Telstra Ltd shares at an average price of $2.66 each.The selldown, which took place between September 29 and October 19, takes the sovereign wealth fund's stake in the telecommunications group to 10 per cent, from 10.9 per cent. It remains the telco's largest shareholder. In a statement, the fund said it "took the view that conditions were appropriate for it to reduce its overweight Telstra holding by selling on-market.".............................................Full Article: Source
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