Ann: FY2018 Results Presentation, page-32

To be honest, I don't think the SP has ever priced in Enlitic or China blue sky.

The hard core funds and analysts will just look at the underlying numbers. The only additional valuation they would attribute to the company would be the more likely (almost inevitable) consolidation in the industry.

The volumes today did not indicate any en mass exit from funds. But we could see some impatient selling from retail over the next few days.

I guess given the report was released late, the funds may still take some action as they review the details overnight.