Ann: Results of Meeting, page-39

Hi VYR. What we are dealing with is the age-old phenomenon of the 'Silent Majority'; it takes a long time to get them to react, but once they get sufficiently fed-up you often get a surprisingly decisive response which catches everyone offside. It's what you see in politics .... like Trump's unexpected victory after two terms of 'liberal elitism', and what we experienced in the UK last year when the electorate finally 'lost it' with Parliament and gave Johnson his huge majority. The same can happen in the Corporate World, and it's not a bad thing.
Of course the depressed SP is great for those with cash and opportunity at a point in time, but unrealistic valuations are not tolerable if a Company wishes to be taken seriously as an investment vehicle; I will enjoy my final purchases of the year, but realistically this stuff has to stop or VMT will lose credibility. Management may ignore the wakeup call at their own peril. Cheers. 2000.