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Yup - it has two holes near the top, and one in the tip. But is sealed - I cant see the end of the hose.
Edit:
after watching a useful video, it seems it should be pre-bleed, and has a clever auto olive system like a j-kit, but built into the shifter... so question:If I chop the end off with the j-kit style insert, do I remove the bolt from the caliper, slide it over the hose, add an olive and an insert and away we go - or does this Direct system require a different method to create a perfect seal? #bleedingn00bwithastanleyknife
https://vimeo.com/85855556
https://si.shimano.com/pdfs/dm/DM-BR0008-08-ENG.pdf (Page 20)
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Got a photo of said cap?