The jockeying around the Janus merger is interesting and a touch...

The jockeying around the Janus merger is interesting and a touch hostile.

I restate my view that HGG (Janus too, from this announcement) is being run for cash to maximise shareholder value in the merger. Expect a luxuriant profit report 9 Feb.

It is at times like these that strong alignment of shareholder and management interests really matter. The dilution of equity to management is paying for itself.

Ash