Choc I'm with Kippax on that one.If this thing has legs, which...

Choc I'm with Kippax on that one.

If this thing has legs, which it is starting to demonstrate that it does, then I don't think we should be conditioning ourselves or the market to a value at which it actually used to trade.

The implication is that nobody should have bought in during those early days and therefore the whole concept was never worthwhile. Is the concept even worthwhile?

If you think the concept is worthwhile (as I do) then to me it stands to reason that all investors to this point should walk away with some kind of profit - even the over-the-odds long termers.

Now I don't want to cop a lecture about "the market", an amorphous entity of which I have been more familiar than most.

If this is what we think and hope it is, "the market" (read private buyer and foreign listing in there as well) will change the way it sees us - it just requires even more of our much-tested patience