New One Year High, page-52

There is a bit more to than just valuation that I sold out, valuation is one of the main reasons but it stem from other things

the board deliberately weaken the balance sheet and take on debt to pay special dividend as a defensive move against private equity stalking.
seem a little wreck less move in my opinion but fine I let it roll and watch this space see if they can kiss and make up with better earnings and revenue and bring this debt down

none of it eventuates and they racked up more debt each year combine with slow revenue, cost out of control I think it time for me to bait as a safety precaution to protect my capital.

If next half don't improve you will see them get savage by the market and I don't want to sit around and wait for it, but that just my analyst
I could be totally wrong and I am ok with that. I made the best decision based on what information I have and If I am wrong or right then it is what it is, it doesn't bother me one bit if this thing run to $10 or go down to $6 etc ...

I dont regret if it going to $10 nor do I celebrates if it goes down to $6