GUJ gujarat nre resources nl

inr inching up.

  1. 3,849 Posts.
    With the TO mailout underway.. dont be surprised if the slow trickle of buying - 10k lots at a time becomes a slightly quicker run.

    Highly unlikely there wont be any attempt to make this whole thing more attractive. Particulalrly since on market it would take all of $19k to achieve, MUCH cheaper than offering 1:1 in the actual takeover

    If INR gets to 70cps (actually would take all of 1000, Rs to achieve.. lol) GUJ roughly wrth 52.5cps... and surprise surprise GUJO app 32.5.. TWICE the current price.

    No wonder someone keeps tucking away all the oppies that keep hitting the deck.

    Wonder who's buying?

    DYOR.
 
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