Consortium to make tidy profit on sale

THE members of the Valentia consortium will net profits running into billions when the company floats on the stock market next month.

Although the full details of the flotation have not been released yet, it is expected that the largest shareholders in the consortium will sell out and take tidy profits.

There will, no doubt, be cries from the hundreds of thousands of small shareholders who suffered a 30% loss on their investment about how unfair it is.