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Mango,

Please quantify what value has been added..lately?
(and no I'm not referring to the share price.)

"At the moment it would be hard to find many companies where directors are creating shareholder value."

I do know of many small to medium caps, where value is currently being added.

I note that others' share prices are also under pressure due to devastated & savaged markets but they are still moving forward & delivering on shareholder expectations.

When the markets do turn, then I would think that their shareholders will be rewarded.

Please keep in mind that markets are forward looking, I expect our market to turn 6-9 months before we see an economic recovery.

Cheers