wow, page-27

Well, this is a chain of pessimism. The share price drop is depressing, and the small downward increments add up.

But they are occuring the the context of a stronger position than two years ago, and impacted adversely by exchange rate factors and malaise.

It is, howeverm underpinned by a positive NTA (of almost twice the share price) and that NTA has been reached only following aggressive write-downs.

I also think the Board has now realised the need to communicate and if there was some likely big negative occurence, it would be communicated by a release. In short, I would be surprised if there were unexpected ;arge negative announcements.

So, my pick is this has bottomed or is close to bottoming. Sufficiently close that I think there is greater upside than downside risk.

Good luck to all, be they sellers or buyers :)