Ann: Half Yearly Report and Accounts , page-9

No offence taken himself1, but I do maintain that your original post was ill informed. Your points that;
1) the amount of shares listed was relevant was ill informed.
2) "that it is truly extraordinary SP has maintained its level" doesn't have any basis. My basis for saying that it is undervalued has to do with current earnings and future potential.
3) "Can't see any long termers making a buck." Again based on what??

You say you have lived off trading for 20 years so I can only deduce that your post is aimed at scaring some holders into selling since you too have probably calculated the real value of this company. Good luck, but you won't be getting any of my shareholding sometime soon.