Well Fluffy, you have every right to feel deceived as a non holder, but as a long term share holder I am actually feeling quite encouraged by today's developments. Especially the market response!
If you read the announcement it was something that has come up very recently and being flexible, management saw great merit in what was suggested by Azure. It was hardly massive dilution either in the way it was structured.
In the light of the churn that I have reported on, it makes a whole lot of sense although I would disagree with the comment that the instability is coming from retail holders.
From my perspective it is coming from the corporate types who have accounted for 80% of the buying and selling over the last 4 months via the Nominee Accounts. And that is a fact!
Cheers
nev
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