HOW CAN WE NOW BE LOWER THAN THE PRICE OF 1 YR AGOThat's easy -...

HOW CAN WE NOW BE LOWER THAN THE PRICE OF 1 YR AGO

That's easy - there is no buyer and a couple of keen sellers who are effectively throwing the baby out with the bathwater! Look at the volume over the past few days...

Date	VWAP	Volume	Value	Transactions	Dilution	Open	High	Low	Close
7/07/2008 0:00	34.31720549	656799	225395.0625	22	1	0.34	0.35	0.34	0.34
8/07/2008 0:00	33.38686606	919998	307158.5	41	1	0.34	0.345	0.33	0.345
9/07/2008 0:00	33.91484846	395420	134106.0938	22	1	0.335	0.345	0.325	0.34
10/07/2008 0:00	32.93551181	193833	63839.8906	18	1	0.33	0.33	0.325	0.325
11/07/2008 0:00	31.97586791	453737	145086.3438	16	1	0.325	0.325	0.31	0.32
14/07/2008 0:00	31.45978659	246750	77627.0234	23	1	0.32	0.32	0.31	0.31
15/07/2008 0:00	29.95049759	1742958	522024.5938	56	1	0.315	0.32	0.285	0.285
16/07/2008 0:00	27.8996613	470299	131211.8281	30	1	0.28	0.295	0.27	0.27
17/07/2008 0:00	28.59922558	416223	119036.5547	22	1	0.275	0.3	0.275	0.3
18/07/2008 0:00	29.84461043	284379	84871.8047	16	1	0.31	0.31	0.29	0.29
21/07/2008 0:00	28.99458216	206695	59930.3516	12	1	0.29	0.29	0.285	0.285
22/07/2008 0:00	29.04833369	351064	101978.2422	20	1	0.285	0.3	0.28	0.3
23/07/2008 0:00	32.26741608	1395327	450235.9688	65	1	0.33	0.34	0.31	0.31
24/07/2008 0:00	30.97653959	34100	10563	5	1	0.31	0.31	0.305	0.31
25/07/2008 0:00	29.97628574	299925	89906.375	17	1	0.31	0.31	0.29	0.305
28/07/2008 0:00	30.02179804	270394	81177.1406	17	1	0.305	0.31	0.295	0.295
29/07/2008 0:00	28.71200047	507860	145816.7656	19	1	0.3	0.3	0.285	0.285
30/07/2008 0:00	28.30514986	454370	128610.1094	24	1	0.29	0.29	0.28	0.28
31/07/2008 0:00	27.57358316	530208	146197.3438	20	1	0.275	0.28	0.275	0.275
1/08/2008 0:00	27.4421148	369789	101477.9219	12	1	0.275	0.275	0.27	0.275
4/08/2008 0:00	27.20935101	143300	38991	6	1	0.27	0.275	0.27	0.27
5/08/2008 0:00	27.44623932	374879	102890.1875	17	1	0.28	0.28	0.27	0.27
6/08/2008 0:00	26.26146913	360083	94563.0859	14	1	0.25	0.275	0.25	0.26
7/08/2008 0:00	26.32935298	215928	56852.4453	11	1	0.26	0.27	0.255	0.255

Putting the drop into context, it's hardly the collective crowd heading for the emergency exit. So it's really not worth worrying :o)

Let's put the current buy depth into context. If I was to dump my holdings at market price, we will see STX at 7c! And no, I'm not that stupid :o)

We know what it's worth. We've got the asset, the cashflow and best of all, we know the great profitable margin of our asset! So let time be our best friends.

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