I guess it's possible for recent buyers of large amounts of stock to be selling this down with ease over the last few days. Conditions have been perfect for them.
Consolidation does seem to be one option?
Valad have been perceived to be on unstable ground because they are selling off some assets and were overlooked by LLC in favour of FKP.
But they could come out of this a lot stronger given time.
I'm confident we will see $1 again, but it could take awhile.
I sold my holdings today, and bought them back so I can record the loss this finacial year, perhaps this churn (as others do the same) has also added to the fall?
I think I'll go work on my golf game and come back around December ;-)
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