This stock was clearly overbought at 43c so a correction was...

This stock was clearly overbought at 43c so a correction was expected.

What is of interest to me is that trading volumes have been growing up consistently over the past few weeeks (with a peak over a million shares earlier on this week) and it seems there are many buyers not just Maoming and Pim (they would have to disclose if they buy more).

Given the appetite Australian CBM companies have for Europe these days, I would not be surprised if Dart, Eastern Star, Molopo or one of these guys announce one day that they have built up a nice little stake in the company and are part of the restructuring of the notes.

Pure speculation but that would be nice!!

Bartom.