It's a good company, and while the thought of averaging down seems to make sense, IMHO the directors have made it clear in 2015 that they are doing what benefits them, not us. So I won't commit any more capital to a company where I don't totally trust the governance.
Speaking of not trusting the governance, I'm glad that the departure of Jenny Hutson from GEM has worked so well. Not that I mind rent-a-crowds at shareholder meetings (http://www.smh.com.au/business/cbd/...o-gr8-for-the-good-of-g8-20150907-gjh84r.html) or pirate themed companies that claim to have 109% annual returns! (http://www.couriermail.com.au/busin...t/news-story/47af9425b61282184b79eccc516ffed6)
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