Telstra gets its Independence with world's biggest share sale

One of the worlds biggest share sales concluded today when almost $16 billion of previously Government owned, Telstra shares, went on sale today, listing at a small premium to their purchase price.
However, hopes of quick stag profit for investors were dashed when the price of Telstra shares fell 15 cents to $3.60 at 12:30 pm, an hour after the new share began trading.
Telstra's T3 instalment warrants debuted at a premium opening at $2.11 compared with the $2 per security paid by small shareholders.