Just had a laugh at the results of the vote of Telecom bondholders on the demerger. It was:
- 435,374,978 in favour (99.9993%)
- 3,000 against (0.0007%)
I wonder who was the sole grumpy bondholder with $3,000 of bonds?
I suspect the share-holder vote will be a bit closer, but still a huge majority.