NewTrader,You obviously have very strong views and feelings...

NewTrader,

You obviously have very strong views and feelings about all of this. I understand what you say, and see where your coming from, but I don't view today's news as that significant.

The fact that the SP held its ground today, after having counter-trend strength to increase approx. 10% in the last couple of days (news was obviously leaked), means that the market doesn't see it as negative, possibly slightly positive (i.e. it didn't retrace downwards again). Tomorrow's another day of course, and may well prove me wrong!

Whilst I applaud your passion and reasoning, it doesn't change my view or perception of the company, its worth or its prospects.

It's probably best that we agree to disagree.

Cheers.