Aban Offshore: Experts on the FY10 earnings forecast

I think the rationale for both these companies is that Great Offshore 's old assets which are going for a repair and upgradation, I think that is where both these companies are fighting for the business and that is where one would like to see as to how they will probably take up this particular scenario forward because in all probabilities it looks like that if they stretch the price to above Rs 600 levels to Rs 635 as I have indicated which is also the valuation which ABG is commanding, I think if the Great Offshore probably matches that valuation then this price is matching. If that price comes up then possibly most of the long-term holders maybe some of the insurance companies maybe tempted to sell these shares at this juncture and probably cash out and give its control to maybe ABG at such point of time. But I would put it this way that those investors who are stuck in this company, they are getting in an opportunity to cash out at higher price and probably reenter when the things cool down thereafter.