I must say I haven't heard anything like that and I do have...

I must say I haven't heard anything like that and I do have contacts that lunch with HC on a regular basis. That said, I did sell 20% of my holdings today to put more into CVI (not a ramp just think that there is more movement else where until early Feb.) I will do my best this arvo to find out more re HC offer to IBR. As you said, if that is the case, we should have none. Anyway all rumours at this point in time. Vol today certainly said nothing either way.