That was one of your points.another is that you still think that...

That was one of your points.

another is that you still think that oversize is a problem, when the reality is, by your own admission it's just speculation.

another still was that KMS don't believe they have an problem with oversize.

the approach you are taking works as a relative approach, but don't mistake yourself into thinking it's a universally valid approach, remember that there are 391mil shares on issue, at any point in time those shares need to be owned.

Your approach works well for someone who is holding a relatively small parcel and chooses to sell in order to stand on the sidelines, and then only wants to buy back only a relatively small holding (and is willing to pay more for the privilege. Should the buy or sell volumes of a strategy you are proposing get to large at any time the share price would become wildly distorted and veer from any semblance of value. In theory the current share price represents the market determined equilibrium given all variables, including folks adopting your strategy.