How far south do you predict then? You're offering baseless down...

How far south do you predict then?

You're offering baseless down ramps stating that this market cap is expensive.

To suggest because there has been 2 x downgrades, there will most certainly be another is suggesting that management / board have not taken due care in announcing the previous ones.

Private equity were circling with JC when the market cap was much more expensive. They are essentially at cash backing so I would have thought any bid would entail a premium for the actual business.

Put in some research please before offering up your opinion ever again.