Ann: HOCHTIEF Intention to Make Revised Proportio, page-10

re: Ann: HOCHTIEF Intention to Make Revised P... The market was paying games with LEI if we look at it realistically.

Just before all that mud was thrown by fairfax and co. LEI was going gangbusters. Management has always confidently denied all claims, offer a guide that did not disappoint.

I have always stated that LEI should have never traded as low as it did and it gave many people a chance to get on board.

I guess in the end to each his own. With the number of contracts LEI is getting Hochtief saw an opportunity to get another 18% and what may turn out to be a bargain price.

Yes it may well trade under 20.00 if the shorters decide they want to try their hand and quite possible may succeed, but this time next year I see LEI at a much higher price than it is today.

Just my 2 bobs worth