way oversold, page-5

its back to where it was 2 days ago, nothing much has changed. $3.5m still in doubt. maybe the loan will be a used as a trade off for the lease. bigger picture is - why would HCL want to out IRL as the contractor when by admission by IRL's critics on this thread they are making a killing. BTW i have said this b4 but India ranks 177 out of 178 economies with regard to enforcing legal contracts. contracts, leases etc can never be considered tenable in India the biggest factor for Indians are trust and credibility which i think IRL has developed. the next quarterly will reveal a lot so i won't be selling based on fear when it is almost due.