GUJ gujarat nre resources nl

Shadders - as they are going to issue a INR option to replace...

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    Shadders - as they are going to issue a INR option to replace the GUJO option, money to convert doesn't really come into the picture!

    I'm a little shell shocked over it, and I guess a lot are feeling the same. WE're waiting to see how the market reacts. I expected trade4profit to have bought the company by now!! Obviously not happening that fast (lol..) so we've got a Mexican stand off. GUJ is far cheaper to buy than INR - but if the INR price goes up, so dies the GUJ price - and there is our stand off!

    Thought GUJ would be up at 44c at least, and then using a trailing stop or gain on the INR potential.

    As none of that is happening, it's a wait for news to see what the curry munchers are doing next.....and will we need to try and block it, or will the offer increase?

    Time....
 
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