Can't say i've ever heard the expression Jamie, as long as the...

Can't say i've ever heard the expression Jamie, as long as the analogy is in a business sence i'm happy to agree.

I otherwise agree with the balance of your post.

The other comfort I have of directors coming back is the bank would have known that Directors weren’t going to exercise, the banks new options are 37.5c, must be even a small upside on that.

Reason i say Directors coming back is comforting is cos if they don't, them they have 0 confidence.

Why would the bank give the Directors another $6mil US for nothing. Surely not.