hey froggie, it was Warren Buffett who said :
"It's is only when the tide goes out do we see who is swimming naked !"
He has a way with words.
As an aside, Allco Finance Group whose directors were David Turnball, Rod Eddington, Bob Mansfield etc were sitting at just over the $ 13 mark per share around early '07 before the Qantas takeover was blocked .... now at 13 c.
What do you reckon would have happened to QF if the take over did go ahead and they, as detailed, stripped the cash out of the company before this fall happened?
I reckon the KRuddster would have to put his hand in his pockets.
Goodbye future fund.