Ann: Investor Presentation - Annual General Meeting, page-12

Nanosonics went down but never below one-third of its IPO price. IPD's is now one-fifth of its IPO price (and is partially recovered: remember the .10 days). So I see the points of GCInvestor and Pebble that managers should should not encourage the shareholders to wait and tolerate the pain while taking out the so-needed capital as their salary. They can wait for the results too (unless they don't see much future) and let the capital help the operations. This short-termism does not send very good signals to the market (cause it seems that they don't believe in the long-term themselves).
I was going to double my position today, but this gave me cold feet!