All speculation on my behalf but they have cash - they don't need a white knight just some brains and application to execute business plan that they have failed to put the energy and $ into. Most $ were being pissed into managements pockets. Will they get time to do it? If they can't give themselves room and time then they are even more stupid that I first thought. All they have to do is close the tent flap ,commit $ going forward and the $ become less attractive than they are and interest from grubs will wane. There is enough shell about you can back something overvalued into so I see different pressures to you .
As for the buying I am not sure it is coming from where people think or going either and at the current price a lot may just sit on their hands unless there is some stupid announcement to shake em out. A lot of m&d investors only now have pennys at valuation will ride this to the ground as long as there is still choccy in the shops as they are believers.
Look at the spread of the register.
PS did you find the geo info from the frog link. your sa"mate" wife looking at jobs in syd?
(20min delay)
