bang! up 23.53% today, page-47

Plenty of press on this..including US hedge fund holder threatning to use international trade agreements against NSW Govt.

Although ICAC Commissioner was probably close to the mark in suggesting it was widely understood to be a sus deal by all and sundry in the industry, it's another matter being able to prove this in a court room. The only thing that NSW Govt could probably do, if they indeed entertained cancellation, is make public disclosure of the tender process (which including a other disgruntled listed ASX companies directors who are also likely to testify) and the eventual farcical allocation to the lowest bidder.

How many multi-millionares do you know don't do a thorough due diligence before committing large sums of captial?

Irrespective, at the end of the day it's still a training mine, if they don't lose it. Not sure they can argue it's worth as much as they expect given negative EBITA + M&A metrics of late in the sector.