In what capacity have you dealt with Indian Govt companies in the past? Would be interesting to know whether you are speculating or some real inside knowledge. Sounds like you have pretty good knowledge.
Re - 6) "Expect things to turnaround very quick once the desperate seller are out. Also they have renegotiated the terms from 180- days to 90 days.."
* SP did not drop today, and yesterday it was sold into announcemnet euphoria. So relative to the amount of shares sold in the last 2 days (about 10 mill) the SP has stood up ok.............and someone bought those 10mill, and it ain't just retail. (My opinion only)
* What terms are you refering to, and whom?
Also where do you hold? I like asking that, cos it gives me an idea of your interest
