Since most of the board talk about goodman is just talk and conjecture(well founded imho), I would simply stick to facts and suggest that FT shares with a zero cost base would be strategically replaced with free market shares at as low of a price as possible,thus avoiding as much tax as possible. If they are able to control the SP and if they do not give a crap about us SH, why would they not shuffle their portfolios to make a couple million dollars. Perhaps they can even knock out some more weak hands in the process. JAT