I can understand why it has happened.Morgans and SinTang have...

I can understand why it has happened.

Morgans and SinTang have made an excellent profit on the shares alone, and Morgans have made even more on the currency exposure. So their reasons for selling are understandable given the franking is of no value to them and given that the global markets are in such turmoil that value elsewhere is going to present itself.

But the situation is an absolute gift for buyers.

It is a win win situation.