carnage, page-18

I sold out a while ago at around $2.10

SRK is a SAD story.

World class asset BUT, when a foreign entity takes you to the supreme court of that country (in this case a 2/3rd world country) you sell.

I said at the time that the case was announcement that this would scare off any real institutional buying and apart from Gallagher (which is amazing - truly amazing) that has happened (not sure about DB's buying and selling.)


Also, i have concerns re management and their intentions re their holdings in the company


Once legal issues resolved, SRK will be the cheapest FE mid cap around