Sure mate, sounds like you're all over it. This one just happened to slip from under the noses of a veteran asx listed board. Might pay to read a bit of history on the directors. They obviously got them in because of those reasons you mentioned and being a typical contractor in the services industry they haven't done the work to the boards liking and in the process have accidentally had a cost blow out of 100% on original quotation. Typically being a larger more established contractor they are obviously more well equipped on the legal side and probably had a cocky project manager that didn't see eye to eye with JB and possible felt the backing their legal department was enough to squeeze some extra $$ out of AJM. Anyway I'm sure there will be an out come, as far as bankruptcy its not even a thought worth entertaining.
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Sure mate, sounds like you're all over it. This one just...
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