And Glaucus didn't really have to do that much for the price to...

And Glaucus didn't really have to do that much for the price to get to their target. All they really did was call out the equivalent of "The Emperor has no clothes" and the market has stopped, had a look and decided that was indeed the case....

Up until the Glaucus report, generally the mob (and that includes institutional investors!) were not being sufficiently critical in analysing this stock - rather preferred to take management at their word.