Lautrec,
I really appreciate the detail and effort you add to each post. we need more posters on this site that are willing to invest the time and energy to offer a well-thought-out opinion.
I'm just have to turn my head a bit to avoid the glare that emanates from your defense of LJC. There was a lot of effort by the board to convince shareholders that LJC was not just a hedge fund seeking to profiteer from others weakness. The market is now quite strong in their belief that LJC is responsible for the sell down so, if this was not the case, why wouldnt ESI release the top 40 to prove the original case that they presented to the shareholders, that, LJC were going to be substantial long term shareholders. As far as I can tell, they have now converted over 40M units. How many do they hold now?
By the way, I'm not sure that the interest rate kicks in until the shareprice has been below 2c for a number of sessions.
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