SP tumbling, is there a agenda? And how low will it drop, page-94

people who are vigorously defending GXY have obviously been burnt to a crisp and are in too much shock to face reality. You can talk about asset quality all you want but the fact is no major fund manager is buying even at this price and shortsellers are becoming more confidant rather then less confidant. The buyers have been obliterated and are severely out numbered by sellers at the moment.

I think reality is 500 mil valuation is not out of the realm of possibility.