Well said, I couldn't agree more. Honestly I wish I'd known that he'd only attended 9 board meetings out of 12 going into the meeting. I would have yapped up a real storm about that in light of him not bothering to attend the meeting This sort of "performance" during the year is supportive of my theory that he deliberately chose not to attend. Why else would the highly experienced deputy chair look so incredibly nervous and defensive...its not like its his first public meeting is it !
Anyway...I reckon the market has forgiven and moved on. The worm has appeared to turn and the $2.80 bottom held yet again. Evidence from last time the bonds converted (a type of capital raise and every other recent capital raise) suggests we'll see a good recovery in the SP this month.
Bond conversion should be somewhere in the low 290's in my opinion.