i don't think the management are too concerned about...

i don't think the management are too concerned about credability. This is the Lim investment vehicle (plaything)...they will do what they want (within the ASX/Corps rules). If they do or don't want to make an acquisition or a buy back, they will do it, regardless of what the remaining 30% of shareholders want. Unfortunately when there is a majority shareholder in the house, everyone else is just along for the ride. Same same thing to a lesser extent with Westfield/Lowy, Seven/stokes, Crown/Packer. You are really betting on the man, not the business.