Sash39 not a nice graph. But lets put this into some perspective...

Sash39 not a nice graph. But lets put this into some perspective first. you say your not answering for UM and Ando1. why even mention them if that's the case. Lets put them to oneside at this point. Regarding your graph. I would suggest you could make the same assessment on a range of junior and mid tier companies on the ASX for the same period you allude. You have not presented a convincing arguement. Additionally if it was possible to get a breakdown of the sales of shares over the period you show and who was selling, particularly at times of very good announcements and the sell down of the stock I think this would be much more important information.It may surprise you who is doing this. I and others, including posters on this site have lamented that someone or group would appear to be deliberating selling down the stock. You have taken the time to find this graph and seek to present it as evidence of bad mgt and the demise of the SP to PB by asking when he started. How about this. Why dont you be far more constructive and balanced and find out who has been selling, when, at what price and correlate these sales to announcements then you might be taken more seriously. It may be surprising to say the least.

I don't see myself apologising for TNG. Far from it. I am in this game to make money like everyone else. Negativity surrounding companies and mgt bashing are not helpful.