always likely that shareholders favorably disposed to the TO...

always likely that shareholders favorably disposed to the TO would appear. There's little doubt it will get done... probably never was.

BUT no-one would stump up this sort of cash for 2 or 3 cents. Clearly they see their return thru holding an investement in INR... this yu would not bother with for a few cents.

NOW they averaged in at 35cps... the GUJO's allow everyone else to do the same now.. on market amazingly in 2 stages.

Regardless of those who suggest this is over.. you can simply replicate what HSBC are doing by buying the ops.

so who is buying them then?

Where's the great man...lol

DYOR