market price down from 27 to 20c, this is the answer of outside...

market price down from 27 to 20c, this is the answer of outside passive minority shareholder to 67 millions A1N share acquisition, small shareholders don't like it, part of this 67 million can be used pay dividends if no this acquisition.and also 40 million phoenix project, why seven be the first one to spend 40 million on this, what is benefit in short term? this 110 millions spending definitely arguably given swm not pay dividends for 6.5 years, retail shareholder benefit been totally ignored by ks, ( swm previous dividend policy is pay out 50% of annual profit, now is zero for nearly 7 years).ks as controlling shareholder too focus on long term growth of company, this two part not been balanced. I think we should write a letter to broad( directly to ks)emphasis it is top priority to pay dividends rather than spend money in somewhere else next year. i believe he already acknowledged it. try to influence his decision may more effective and useful than discussing in this forum.and aslo, @ lev 20, can you send a mail to investors relation of swm ask what happened to share buy back as half year reporting period been finished?