It is possible, but only slightly more likely than hell freezing...

It is possible, but only slightly more likely than hell freezing over. As @Teddyward said their MO is not as patient investors looking out for orphan companies a little down on their luck. It is as about as close to certainty as anything on the ASX that they are here for the cash and the only the cash. To get their hands on the cash they need to toss out the current board and management and stop the bleeding.

The selling has pretty much dried up so (only the sharks and true believers seem to be left). It can't be long before they act.

The psychology of doomed companies threads here on HC is very interesting. Some seem to be like SGH where there is a good mix of positive and negative posters, some are like IOT where it is mostly non-holders making fun on the antics of management (very entertaining), to companies like YOW where nearly everyone seems to be positive. On the surface there is no rational reason for this difference. This is why I post.