Hi all,
Thank you for your responses. My apologies for the difficulty in getting to the bottom of this, but I am learning as I am going a long, so I really appreciate your help.
I achieved a much better result by changing the colour space default. Since I am new to Speedgrade, I didn't know to do this. I changed it to "Cinema DNG" and then loaded a preset for "Ikonoskop A-Cam Daylight" and bingo it improved the image significantly. However there was still a problem with the over exposed areas of the image being very red. I solved this by lowering the input saturation in the Highlights tab of the Look.
I understand what you said Frank about there being twice as many green pixels than red or blue and if I right that is because the image is run through a bayer filter. I have heard that I need to debayer the footage. This is something else I am not familiar with, so my final question and piece to the puzzle is how to I debayer my CinemaDNG files and can I do this in Speedgrade?
Thank you again!