Hi Grand ,I was just referring to the share price reflecting the cash the company would be holding at some stage . But thinking further ,the market does tend to discount cash holding companies considerably ,so I still stand by my assertion that NKP is the better bet . Another underpriced Sage company ,CFE is looking stronger today ,and worth a look .Good volumes also . CFE stand to gain off this deal also ,as they are a major share holder in IGC .
IGC Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held
