I think on a balance of probabilities this company is going to...

I think on a balance of probabilities this company is going to survive. If it does and continues to win contracts and get the utilisation of the fleet up to normal levels (80%+), then these shares are going to worth a lot more than 28c in 6 months to 1 years time.

I am cognisant that it is a punt, but I don't believe the management are going to let this one slide into administration. This is a fair business that can prosper again at a very cheap price. I would like to see the directors should buy some more stock though. (like WDS)