Ann: BAL 1H17 Results Presentation, page-23

Not sure why you feel the need to post in that way: "negatives", "blind" "!". Are you emotionally stable?

There are obviously very substantial negatives and I acknowledged in my post that there are ongoing concerns. However, these were already known from the previous updates when the SP went from a $10-15 range to high $3s low $4s. And the half-year report was in fact no reason for the SP to go lower, so how does the market not agree with me? Please enlighten me. After the announcement, today's losses actually slightly retraced.

But I am not trying to predict future SP here (especially not short term). In fact it might go down further because there are other forces to consider (e.g Black Prince selling if/when their resolution are voted down).

My post was clearly focused on how the company is dealing with the challenges and concerns to get a view on the forward looking potential. In my view there is still life in BAL and the underlying business, and the decisions made recently could very will get BAL back on track again for the patient investor over the coming years.