The decline was mainly brought on by weak profits at our securities subsidiary.

The dramatic decline in the share price is entirely due to what's going on at its subsidiary. This is a serious distraction from the HSBC takeover arrangement that needs to be resolved.

The dramatic decline in the share price is entirely due to what's going on at its subsidiary, ... This is a serious distraction from the HSBC takeover arrangement that needs to be resolved.

We have enough capital to cope with possible redemption on the funds.

We are still asking that the operator is our subsidiary.

The structure for the subsidiary would be in place by June.