iflex- What a difference a year can make

Jan 28 2008 closing price if iflex Rs 1076.

I am looking at the Oracle Press Release
Oracle Increases Price to Rs. 2,100 Per Share for i-flex Open Offer

It is 50% fall + lost interest which puts the fall as 53%.....


Oracle Press Release

Contact(s):



Bob Wynne
Oracle Corporate Communications
+1.650.506.5834
bob.wynne@oracle.com

Suramya Gupta
DSP Merrill Lynch
+1.91.22.6632.8175
suramya_gupta@ml.com


Oracle Increases Price to Rs. 2,100 Per Share for i-flex Open Offer
Last Opportunity for Shareholders Unless i-flex Share Price Goes Down

REDWOOD SHORES, Calif., 07-DEC-2006 02:05 PM Oracle today announced that it has increased to Rs. 2,100 per share including interest and has increased to approximately 35 percent the number of shares it has agreed to purchase in the pending open offer of i-flex solutions (Bombay Stock Exchange: IFLX.BO and National Stock Exchange of India: IFLX.NS). The open offer price is a 42% premium to the original price of Rs. 1,475 per share, which represents the highest price paid by Oracle for shares of i-flex.