SBANG are the backers of M8S. They tendered for the assets after...

SBANG are the backers of M8S.
They tendered for the assets after the demise of the last operator.
The business has been closed for two years.
It has started making money since August.
In the meantime they have been backed by SBANG, who want a foothold in Australia for Bioenergy.
They are owned 36% by SBANG. The fundamentals of the business ( MS8) seem good but the history of previous entity that owned the assets ( same CEO ) is messy. Do your research carefully.