Well the aelrbitage has ranged from 30% – 60% so definitely on the lower end now. I myself have asked this question many times. I think one thing is that liquidity in IWEL is much lower, so if there is an adverse event, big players won’t be able to exit on account of lower circuits. Other thing is that merger is still maybe 2 quarters away at least so may take time. There is no question on merger itself from company’s pov and the nclt process is continuing.
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