I have been re-reading my initial thesis for investing in SEV. It was the KS had this big pile of cash and was going to deploy it during the downturn into underpriced media assets. It looks more and more like he didn't do this deliberately so he could bail out westrac. Holders of SEV have now lost out twice. There is only one choice here which is just to sell and not come back. KS's agenda is not the same as yours and mine.