guys you are missing the point.. the intention is to reward the...

guys you are missing the point.. the intention is to reward the friendlies.. and the retail clients at home... in India.. AND gain access to Oz coal and vvcheap port access etc.

The Co. has no intention of paying above market rates in a TO for an asset it already owns by way of control. It would have launched ONE entity if it had been able to... but due to some ATO issues it was forced to list 2.

This was always the intention ie to combine the two.

There will be a return just not to what it no doubt sees as mercenary traders who picked up stock in GUJ when it can shaft them and keeps the cash for its core consituents.. friendlies and Indian retail clients.

No doubt the payoff will be for holders in the combined entity.

Dont whine if yu sell yr GUJO's at 13.5 then find that INR trade at a min 60 in 8 weeks time. Bear in mind the float for INR was 50c.

DYOR