Its a strange one isn’t it? Administrators still employing, they’re full time FIFO permanents so job security must be somewhat guaranteed (it can’t merely be to showcase proof of concept for a short period and then see-ya-later), and this clearly means activity is occurring onsite. Potentially even production already (warehouse logistics??).
Yet no leaks or insights from anyone onsite or nearby, nor any media sniffing around it despite the scale of the “collapse” and the sector fizz. We have pondered here the possibility before that the Administrators are attempting to trade us out of this and/or to give the Receivers (with the support of creditors) the opportunity to secure a “going concern” sale at a much more attractive price and proposition. But its always seemed a long shot.
Its a strange one isn’t it? Administrators still employing,...
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