Yeah but someone also bought 15 million shares. The trading over...

Yeah but someone also bought 15 million shares. The trading over the last few days looks to me like someone is dumping around 27.5 and someone is soaking them up. Who will get exhausted first, the dumper or the soaker. No idea of course and only time will tell.

It's interesting that the TO has pushed IDX much higher and pushed us lower. Although I think the TO would have been good for CAJ, I am surprised that our board tried to do it without near certainty of success, given the cost. They obviously didn't have enough support lined up, though God knows what the board was told by the financial advisers.

Don't see much happening on the horizon news wise unless they announce a big fat debt payment, something exciting about Enlitic or more concrete info about the China JV. Otherwise it will most likely be in a holding pattern for a while. That's ok with me, I will just let it grumble along for a few months and see what happens next.