correct. 13.5c he is referring to is closer to the 18 month high...

correct. 13.5c he is referring to is closer to the 18 month high and since then nearly 90% equity has evaporated. every other drop was slow and steady so shareholders could slowly cook. now the big holders are trying to speed boil shareholders so maybe this is the drop to buy on. they no longer need the existing shareholders to stump up cash so they want them to sell and will put the price at the extreme low end to achieve their objective. i was getting slowly cooked a few years back and then realised this company was continually taking the begging bowl to shareholders. i have bought back in and have average just below 20c now. but so glad i sold at an equivalent of $3.00 by cutting a small loss. glad i did because i would have cooked nearly $50K just holding on.