A divergence in analysts' valuations for Capral fuelled the big trading. Tel's hard fight One. In line with the law that states matter can neither be created nor destroyed, Hutchison shares have gained about 18 per cent since the news. As much as One. Tel would like to see Optus removed as a competitor, its core problem remains.
Analysts say One.
This will leave One. Tel in a difficult position unless it is prepared to spend more money buying market share, a strategy most recently abandoned by Hutchison Whampoa. The Hong Kong conglomerate reasons it is far better not to build from a standing start. Even after that it will have only a paltry 2 per cent market share. SFE catches on Chances are few have noticed but the Sydney Futures Exchange has had a good run on the Austock exempt market recently.