why now??

Just to be clear, I am holding and not very happy with the Companies less than honest approach in the way they have handled this. Why wait for one of the worst days on the market to fess up to what is going on when they could have been open and honest about it weeks/months ago. Something very rotten smells hear. Was this an opportunity to take from the weak and give to the strong or was all the Director buying just a smoke screen?????? Current sp has 100% retraced to the lows of march so would serve no purpose to sell now. I Will continue to hold and see what transpires. In the mean time, I hope the Australian Securities Commission takes a good long hard look at the way this Co's reporting has been handled.