now we have a value reference..., page-5

head2641...

Yes, escrow provisions and options account for the rest of the market cap.

GUJ has a very similar structure to INR, where the parent effectively owns 85-90% of all stock...and the market fights over the balance.

This is why INR is such a good comparitive model for GUJ...very similar in so manyt ways, even down to the look of the top-20 spread.

Cheers!