It is obvious to me that the banks are supportive and there will...

It is obvious to me that the banks are supportive and there will be a capital re-structure in the near future. The management have been patient and have not done silly things during the worst of the GFC (like raise capital at 2c).

The trend is up on greatly improved volume - a buy signal from any trading text book.

We are out of the worst of the GFC and Europe is now looking for positive growth later this year. Looks like a good trade in my view from both technical and fundamental points of view.