My take is there was a degree of panic resulting from the...

My take is there was a degree of panic resulting from the collapse of the sp and the fire but as time has gone on the R&D tax income together with the insurance payout details have allowed time for management to reflect a little and rethink the best way forward. I also think they are being very careful not to get involved in any speculation involving India and concentrate on what they do have some control over here in Australia. Sure we are in trouble but they are cutting costs we still own 100% of the techs and at the moment we still haven't been diluted although that may still happen. If they can avoid massive dilution followed by a consolidation and continue to function albeit in almost caretaker mode for the next couple of quarters then who knows what may turn up.