Whilst corporate activity will probably put us out of our...

Whilst corporate activity will probably put us out of our misery, or chrystallise our misery depending on when you bought, the big risk is that it is taking their eyes off the main game of managing the company and its assets, and thus much greater rewards for holders.

My understanding/memory is that they don't have any material debts due in 2009, thus I hope they focus on reducing gearing via operating cash flows and selective asset sales. This will allow them to deliver a sustainable dividend of 5 cents which will see the share price rocket past 20 cents IMO.