Of note:
https://www.insolvencyinsider-au.com/p/kalium-lakes-case-update-de62
Chinese state owned group put forward an offer but RWD's offer was preferred.
Also, Westpac appointed the receivers. This may explain the $20M price tag if Westpac has preference as creditor. Westpac gets paid with the Aussie taxpayer and German export credit agency getting nothing?
And this group is waiting:
https://assets.kpmg.com/content/dam/kpmg/au/pdf/creditors/kalium-lakes/kalium-lakes-circular-to-creditors-19-february-2024.pdf
Ann: Beyondie Transaction Terminated, page-16
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