Ann: Change of Director's Interest Notice, page-203

Averaging down is a valid strategy only if your original investment thesis for the stock remains intact. Otherwise it's a potentially terrible idea. The way I see it nothing has changed in the fundamentals of the company within the last three months that would justify tipping in more money. Nor have I seen anything that would make me reduce. Hence my "hold" sentiment.

As has been said many times the next change expected in fundamentals will be our first ever indication of the commercial prospects of the two products.

Of course, there could always be something unexpected... which we've been told to expect... which kind of makes it expected... which means that it will be something else instead... although that would be expected too because it's unexpected...

Dammit...! this is what happens when you talk to Brian!