SP tumbling, is there a agenda? And how low will it drop, page-64

What we really should be campaigning for is a share buyback. It's a no-brainer when the SP is below $2 and we have more than A$400M currently in the bank.


Even A$25M or 10 million shares at an average buy price of $2.50, would be enough to send a message to the shorts.

Alas, management are not doing anything.

Are they happy to keep the SP low so that any new options issued will have a lower hurdle? Shareholders should vote down any proposed management options if this is the case.