They would have had as much information on performance as the...

They would have had as much information on performance as the rest of us, unless the company was flagrantly breaching continuous disclosure (which I don’t believe for a second). Anyway those guys who invested probably don’t worry about the next quarterly, when investing $75m, given that quantum of capital it self evidently a long term play.

All I’m saying is that you are a mug to take comfort from thinking that a big institution taking a punt is somehow validation of short term factors in and of itself - they get it wrong timing-wise (and overall) sometimes like the rest of us.