RTO changes chapter 1 and chapter 2 stopped these guys from progressing. At one stage i think they tried to value Gridcomm at $80m with performance and options from memory then $40m when in reality on paper prob under $1M - I am still yet to go around to their office in Singapore (where i am based) to see what sort of firm it looks like but i am not expecting much....If its good might steer it away from ODN - ODN is a debt riddled mess
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Ann: Market Update, page-29
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