Didn't I tell you schlubs that this would happen a year ago? A close friend
started a thread called "T3 shares are gonna boom", and that is EXACTLY what
has happened.

From
http://www.news.com.au/heraldsun/story/0,21985,22787247-664,00.html

INVESTORS who gambled on the full privatisation of Telstra are well in the
black a year after T3 shares began their listed life.

Since listing on the Australian Securities Exchange this day last year, T3
instalment receipts have risen 56.5 per cent from their initial $2 price,
peaking at $3.50 in May.

Telstra ordinary shares have risen 28 per cent in the same period.

While investors still have to pay a final instalment of $1.60 in six months,
analysts say T3, which boosted the Government's coffers by $15.5 billion,
has exceeded expectations.

"At one stage advisers were having to offer all sorts of carrots and
incentives to actually get the float away," Macquarie Equities client
adviser David Halliday said.

"Twelve months down the track and we're more than 50 per cent better off --  
and that's not including the very healthy income stream that's been provided
as well."

A 14 per cent fully-franked dividend yield was the float's main attraction.

Other sweeteners included a bigger-than-expected share entitlement and a
bonus share offer for holding the stock for 18 months.