Resoursed I agree with your first paragraph as to what could have been said, much better imo.
But not this line from you:
"Pity the poor investors who hung on until the end of June/July because of SM's confgident asurances but were then forced to sell. SM should not make statements that give greater assurance than he realistically can give"
I couldn't give a rats about those wanting to play the short term game and I'm sure SM wouldn't give a toss for those who are trying to trade the news, that's the short term trading game, lump it. I'm pretty sure management are more thinking about long term shareholder value..
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