Good point Unicorn. At least not without upsetting many long term holders. Maybe McDouall Stuart haven't told them this yet. Should we expect an announcement imminently? After all $150M is a significant item.
Was your 210, 150+60?
I formulated a response to my earlier comment that the directors had stuffed this up but I considered the down ramp perhaps a bit too severe and didn't post it. In my view the waiting until June 30 before determining what they are going to do is wrong. It is the major factor impacting on the share price - other than the liquidity squeeze.