roof blown off guj inr to, page-4

point is with such a tightly held stock.. (courtesy of the parent and friendlies) once the combined entity starts shippping with a 35-40% increase in coal contract pricing no way will anyone be able to get enough free float stock at anything round 60c.

Hnece why the selling in both GUJ and INR is drying up.

GUJ was a worthy punt just became a little longer in time frame.

DYOR