Hi guys. I admit this post is quite broad... but am I missing...

Hi guys. I admit this post is quite broad... but am I missing something in that my understanding is that the underlying fundamentals of SRK have not changed since Gallagher came in (July 08) at $2.75...???

The D&C issue was ongoing at that time and JV discussions were no further progressed etc...

Whilst I again note that there are some ongoing disputes yet to be resolved - does the current share price mean that SRK is currrently undervalued, or that the Russians had NFI what was going on!?!?!

Any comments would be appreciated.

Just for full disclosure sake - I've got a long way to go to get up to my average (and can't afford another average down..).