i dont understand why there are buyers...

I don't usually can stocks, but this one is for me an exception...

I simply don't get CMQ...are people nuts, or just plain holding out for hope beyond hope?

From what I can see, they are appealing an decision that has already gone against them...and that if this appeal should fail, which around 90% do, they will be faced with having to front up with some $50m in a matter of weeks?

Had about $10m cash last time I looked.

I have looked briefly into this one with the view to a trade in the current volatile markets...but would not even throw Clark Kents money at this.

If I am wrong in my views, can someone set me straight please.

If I am not, why are there still people buying at curret levels...are they mad?

Should be trading closer to .001c!

Cheers!