COWEE28 Feb 2014 15:56
I think you can ignore the trend line at the moment and any correlation to the first quarter last year. Basically, the company had been priced to go bust and people were shorting the share. I have been invested here for over a year and have monitored the situation very closely.
The facts now are that the company is not going bust, far from it, and whilst they may need further funds to buy more Units, those funds could well come from more senior debt, i.e. the Banks.
This has got a long way to go before it gets back to any sensible valuation.