SNSN schreef op 4 juli 2013 12:00:
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When you talk about “big” and “small” – different people often think about very different stuff......
It’s like usual – “for whom how”. One person thinks about 100k as a “big number”, while another one has different views..... and 10mln for him/her is a “small number”..... But this is NOT the point.
The basic point is that a loss of several bln in kpn cap (price drop from 9-8 to 2.7-2.5) had to be accepted by somebody..... It’s not so easy if you have only few investors. But much easy, if you can spread those losses among larger number of smaller participants – each particular “loss” becomes much smaller and could be “acceptable” (under certain circumstances)......