yes staying in for now. Waiting for the target statement from GCL on Friday. The expert report said the bid wasn't fair, so surely they will have something to say about it. It's a great debt free energy asset going cheap this is why I think it's possible for the Indians to bid. Having said that quite a few are bailing out with their $7 today.
Anyway if possible I would rather receive the money in the next fin year (after jun 30), but may be forced out by then.
You staying in?
GCL Price at posting:
$6.33 Sentiment: Buy Disclosure: Held