Why Simon Cawkwell and other shorters are wasting their time

Smelgy,

You declare me to have offered a reason which in fact I have never offered. It is because of the nature Izaki's holding and that of Florissant (each different) that I believe that FTSE has misclassified these two holdings, which as it happens aggregate to 54%, thus leading to FTSE overdeclaring QXL's "investability".

(For those who are new to this great debate, I recommend a visit to FTSE.com where investability, a neologism, is defined for FTSE's purposes.)

I still await a reply from QXL's Head of Legal Services. He has promised one. I do not know why so simple a pair of questions cannot be answered immediately by the janitor. But there you go.

Simon Cawkwell