You hit the nail on the head northboy when you said:"you cannot...

You hit the nail on the head northboy when you said:
"you cannot be happy watching your holding drop by more than half. What is worse is that all along the market was right - the company is not what it appeared to be. It's not like you can say it's just "mr. market" being silly. The price falls have since been justified by the news that has come out"

This for me is the problem. Clearly some people have been aware of the problems before the rest of the shareholders. Price sensitive information needs to be released to the market when it becomes known. Not informing all shareholders of price sensitive information or delaying its release allows insider trading to occur.

The company was questioned about the reasons for share price weakness a few weeks ago and said that they knew of no reason.

Why did the CFO resign? They say for health reasons....

Now we have this latest information released and it was not even marked as price sensitive! The directors need to release this sort of information immediately and flag to the ASX that it is likely to be price sensitive.

I have lost faith in the board of directors.

How can you now rely on any forecasts or any statements the directors make? How can you trust what they say about their orders?