What they didn't have back in 2009 is near as many outstanding...

What they didn't have back in 2009 is near as many outstanding shares as they do now. They also did not have a record of near starts only to see things being screwed up. I think there is an eminent of mistrust at the moment. There has been so many false starts - looking like things were about to fly only to see it come crashing down at the 11'th hour. Lack of effective communication also does not help.

I am actually positive though. Whilst there has been many negatives I feel they have done a good job to get it to this level. Most would have failed by now or as you said have a couple billion shares outstanding.

I don't know, but I think the market is looking for some consistency in performing stated outcomes. I am hopeful that is about to happen and we should see a reasonable rise on the back of this. Commensurate with a rise in some cash savings and the elimination of the fear of another cap raising.