Village take two: the directors cut, page-5

i see your point and you are absolutely correct, i guess my confusuion comes from the fact that if you are already a shareholder in VRL, you are placing faith in the management already, then the management tells you it has better use of the funds, and suddenly you turn from having faith one day, to abandoning it the next , to the tune of panicing out after the share price has dropped a third. If you lose faith that easily, why the hell would you have invested in VRL in the first place? Do you see where i am coming from, i am not sticking up for the management as they have been terrible, i am more pointing out that existing shareholders who are panicing out are not behaving rationally.