the market has spoken

Two seemingly good announcements today-and the sp falls!
But the market is always right,isn't it? Shareholders want to know why it took so long to stitch up the underwriting deal - and why only 50%? The lengthy suspension suggests there were some last minute problems and that's a worry when the need for underwriting has been apparent for months.
And what happened to the shareholder sweeteners they were allegedly looking at e.g bonus or rights issues to shareholders registered early in the New Year?
Furthermore,as cabe pointed out in another post today, where are the figures to match the glowing announcements? We are regularly told about all the great deals being generated; today its the USA, last month it was the UK, but they don't come up with profit projections.
The market is really saying that the company has announced nothing today that is of real significance to options holders debating whether or not they should convert.
One suspects the directors are happy with a 50% conversion rate. Don't want too many outsiders spoiling their party?