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Thanks Appreciate your update here. We know EBIX had moved its IP to offshore and paying royalty on the IP to those tax-advantaged entities. But as you mentioned EBIX response is not confident building.

I was almost about to sell on $19 and did some tea leaves reading (AKA chart staring) and thought we can get to $22, greed had blindsided and made my lose the discipline of selling. then I didn't want to sell on the news breakout and wanted to understand.

Clearly this is a riksy bet and position control and tight management are required.
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