Yeah Woody, I agree. The problem as I understand it, from...

Yeah Woody, I agree. The problem as I understand it, from talking with a couple of people (insiders?) at the AGM, is the institutions, because they want a deal as soon as possible, so they can get out and move on with their liquidity, regardless of whether it's a really good deal or just mediocre. Institutions don't like money tied up, for a dozen reasons apparently, not the least of which are various tax regulations related to their overall portfolio strategies. Damn the institutions though, as far as I'm concerned, and yet many company directors rely on them from one gig to another, and many often end up getting employment and consultancy jobs with them, so the will of retail shareholders always faces an uphill battle. But sometimes the little guys win, just out of pure guts and determination because they believe that what they are doing is ultimately fair and right and decent.

Gw