I think you did not understand what I tried to say1) Company has...

I think you did not understand what I tried to say

1) Company has significant current issues and is reflected in slammed down share price--and I acknowledged that; (which appears less than value of assets held and not ascribing value to the underlying future cash generating capacity of the business; but I could be wrong) -- (doubts were raised as a going concern because of COVID uncertainty -- when it was its peak -- now the COVID risk is mitigating in Australia)

The company can construct and has run several profitable projects over 40 years -- The Sunraysia issue is not a construction issue it is a regulatory issue. The New Zealand corrections department debacle does not look like purely a Decmil issue alone (why NZ corrections awarded $NZ60 million New Zealand prison contract in mid-2017, and then increased it a year later by another $NZ125 million, if they Decmil were not doing the job, is just baffling)

2) They have appointed Moelis Australia for strategic review; A major area of Moelis services are in merger and acquisitons, in addition to strategic review and recapitalisation. Moelis has been party to several prominent M & A transactions

My question was a genuine but theoretical one seeking insight--what is the potenital current fair value of this business in a M&A scenario. --if anyone knows;--obviosuly it is not an easy question.