FZO Chart, page-96

Perhaps as added to the weakness. But if you read the FZO announcement:
"We understand from discussions with Aircel and our advisors that Aircel, its major lenders and potential
acquirers are in discussions. We are not currently in a position to predict the outcome or impact of these
discussions. "

Then read articles regarding the Indian Telco Space:
http://www.firstpost.com/business/a...way-forward-for-telecom-industry-4376761.html

You would hope for it to be sorted sooner or later...earlier price targets wouldn't have included India