Are you serious? The whole reason the share price was recently...

Are you serious? The whole reason the share price was recently pushed down below 40c was due to the uncertainty of future funding. The market is concerned about debt, which under current market circumstances, is understandable although not entirely justified when cashflows are strong are growing.

Sure, the ground just sold was obviously good, but so was the price i.e. 4x the average over the last 18 months. SEA management have pulled off an extraordinary deal for shareholders, and places them in a position to move forward in other areas without the need to go further into debt or raise equity through a highly dilutive issue.

This deal is great for us all. The market will behave in ways that gets under our skin, but that's the market. Accept it, ride this out for the medium term and we will all do well.