Agreed. Mike Coote is trying to calm the market with a little...

Agreed. Mike Coote is trying to calm the market with a little spin and director buying.

Announcement states Coote still plan to repay $68m - which was the intention back in June. Can infer then that Coote have only received a minimal amount of the balance due.

I also like the Coote story, and their obvious technical expertise. Have just overstretched themselves at the worst time. Future demand also an issue.

Too uncertain for me to hold. Still hope they manage to pull this off.

PE