This is what you said "But on a side note 120m tangible assets when you own the bank 300m isn't exactly good and something you shouldn't be shouting from the rooftops in my humble opinion.".
They own the bank $267M and as you said if they default they will own them $319M but if they don't and pay back the debt they will only have to pay back $267M......huge difference!!!!, plus I am not even sure where you got that $300M number from initially.
Maurice Blackburn SH Class action update, page-112
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