Hi Dargie,
I too appreciate the standard of debate between you and Melua. Seems like you both are very experienced and have good solid arguments.
I am wondering why, in the long term this share price spiral you talk about is a such a bad thing. It kind of implies that the devaluing of the SP is not in fact based on fundamentals - what Melua and co. are saying. Doesn't it give us a chance to buy in cheaply?
Cheers.