FT
Yes, fully agree and when investors see 1+1 not equaling 2 to them -THEY BAIL THRU LACK OF CONFIDENCE.
Its when the bigger holders bail you have to wonder if they know more than you do.
If I'm not mistaken the Singapore pension fund has reduced its holding to around 6%. as at end of June.
DYOR + DYODD I doubt fun and games have finished yet and find it hard to see paying back debt of $732m will only save $20m a year in interest.The numbers and reason for crucifying shareholders just do not add up and if I was a major holder,holding over 100k shares I'd be rather peeved,all 393 of them,looking for blood.
Mind you for $36,500 you can now join that select few.
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