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Tiger Airways shares down following sell-off; Qantas gains on results report

Analysis

Shares in Tiger Airways were down 4.2% by the close of trading on Thursday, after falling as much as 6% during the day's trading. The company confirmed that Ryanasia sold 18.6 million Tiger shares off-market at a placement price of SGB1.58, a discount of 4.8% on the closing price on 16-Feb-2011.

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