Yes the share price is dismal. But does that really mean that any large investors are bailing? And by large I mean those who have 5 or 10 million shares, of which there are quite a few. If one of those people bailed, we would surely know it. Looks to me like the present action is either Iliad dumping or lots of small blocks being sold. I think if the bigger investors (the ones who presumably know the most) were leaving, it would be a lot more obvious.