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Thanks Tex for the contrarian critique and bear case. The...

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    Thanks Tex for the contrarian critique and bear case. The scenario you describe is one of several forms of theft commonplace in countries with weak governance (e.g. the Hermitage fund in Russia!). While corporate theft is alas not rare in Oz, nor is it the norm. I see remarkable integrity in JD and the BOD and therefore expect them to behave fairly and ethically. Not least, their reputations and opportunities for other ventures in the future depend on it. If not, having been warned by you, the experience will teach me (and others!) an important if painful lesson. That said, I'm also expecting some significant bump in the way ahead just because Murphy never sleeps. My strategy will be to hold tight until I see directors selling.

    Keep it up. Its really good to have our confirmation bias challenged with compelling ideas!
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