Hi Carl071, The covering would be carried out in a very measured...

Hi Carl071, The covering would be carried out in a very measured and surreptitious fashion. These guys will really push the boundaries as much as possible, and for as long as possible imo. Whether they get their speculation and strategies correct will be in question; if after the indications in announcements released from management over the last few weeks, they still remain of the opinion that the GXY/POSCO deal could fall through. It will be interesting to see what percentage of covering is done, and over what time frame. GL