major institutional investor in cdu, page-54

One of the most important characteristics of a leader is "flexibilty and adaptability".
CDU today is not the same CDU before the release of the JORC, and the management is aware of that.
What WM has been trying to do since the collapse in the SP is to protect the value of CDU shareholders. He tried everything from commenting and announcing calrification in relation to the JORC, annoucing the support from Sinosteel, buying more shares in the market (spent more than 90k from his own money), share buy back and non of the them boosted confidence in the share.
The man is working hard and doing his best to return the SP to a reasonable level, and what he gets in return is only criticism.