Exactly.
Why buy INR when you can buy a 44.25c GUJ share for 41c?
Once GUJ goes into premium on the 44c - the INR proce will rise too, effectively increasing the value of GUJ as it goes.
I expect this to be pretty controlled though, unless a big run on GUJ occurs this week, as a voting lobby get set.
GUJ
gujarat nre resources nl
