Dana's Bid price could be close to Net Asset Value.

Dana have a hedge at $21 until March. I din't know whether they get any upward movement? If not could be that? I hold on the basis of the prospect of an increasing asset base. About 21p within 12 months. I think the falls are spasmodic bulk sales as the element of the placing not taken up by shareholders is dumped. It is a question of how low it will go before these shares are got rid off? Bottom fishing really. I am happy to hold and am just seeing how low it will go before buying more. It is not fact but the only rational argument for teh falls I can think of.