Why did the market value it at $1.70 a few years ago and 37c...

Why did the market value it at $1.70 a few years ago and 37c when WP took over? Have a look at this chart and tell me what you thought was going to happen if LR had just carried on along the same lines? Notice anything? It stopped going down and went up a bit when WP took the reigns. It takes a lot to reverse a trend like that, be patient.

Capital is always raised at a discount to the market so stop going on about 30c. It's likely the major downward pressure recently has been from those anticipating a need for cash. In another month it will be back to where it was if the Sophs don't just take stag profits, which they sometimes do. Either way it's done, needed to be done and let the game play out until it proves to be a failure or success.