yeah mate, i think you've totally misread the situation. the 5%...

yeah mate, i think you've totally misread the situation. the 5% group, which i may add is closer to 7% with some late numbers coming in (thank you all), is not holding the board to ransom, just to account. the reality is that the current management have not delivered and i'm not sure hoping for a change is going to change anything. Its been a pattern of behaviour not a mistake here and there. they are an insular lot, which is why they deal behind close doors, raise through CN's to sophs, and make limited announcements. Mostly, imo, to keep the retailers at arms length as we can be annoying.

The fact is all that has transpired here is that the retailers got a little organised and said "hey, whats going on!", the next move is on the board and exec. If they do nothing then I would ask is this really the type of board that would attract investment anyway?

they either right the ship = everyone happy, and they know exactly what we want as we asked for it in the letter.
they do nothing = we are exactly where we are now.

whats the down side given we are at 52 week lows and at the same price we were 2.5 years ago.