Sexwale's R90bn Telkom bid. http://mybroadband.co.za/news1/Telecoms/3966.html This would represent a premium of about 26% above the closing price (30/5/08) if it comes into fruition? My advice to Government is to get out of the Telkom Business, take the Billions and place it into infrastructural spending like Electricity Capacity, Airports, Harbours and for once and all remove the remaining legislation surrounding the Telecoms Industry in this country and that includes LLU (Local Loop Unbundling). So what you guys think. I was of the "informed" opinion that TKG was heading for 10000 and went short at 13840 only to be stopped out at 13300 or thereabouts. Seems a long position was probably the better option? :P 16000?