this looks good, page-14

Frankly, I think a share price much lower than a dollar is conceivable. It's not inconceivable that TSEs total contracts for a given year could eventually exceed their market cap. After all, there are many companies in the ASX casino trading at book value or below. (I shouldn't really call the ASX a casino. You actually have a much better chance of making money playing blackjack than you do on the stock market.)

As for shareholders bailing, I think this selloff has been so constant and pernicious that shareholders (like myself) have been trapped like a bunny in headlights. This has happened to more top 200 companies than I'd care to name: AGO, ARI, BSL, AWC, MGX, BLY, PDN... The list goes on. Even the mighty RIO is over 60% down on its all time high and honestly, RIO has about as much chance regaining that loss over the next few years as TSE has regaining its loss.

Buckley's.