I meant to add to the last post that we know that some of the...

I meant to add to the last post that we know that some of the placees sold for what ever reason, but I do not expect all would sell, as was suggested, as the vast majority of subscribers were individuals, companies and superannuation funds that have a medium term investment horizon. So the churning of stock at these prices must be coming to a conclusion very soon, and I agree that once that happens the share price will rebound very quickly. And as the other posters who have replied have stated, the company is doing the right thing by getting on with the job at hand, and has the cash to do so, but I just hope that the company gets the opportunity to do so before another company makes a bid for MPO.