Bankruptcy very unlikely in my opinion. For 50m all in, you...

Bankruptcy very unlikely in my opinion. For 50m all in, you could try to buy the shares at 30m and pay off note holders 20m. Gives you IP, DSTO and other agreements, plus over 30m in corp tax credit with ATO. Assuming buyer keeps MST the entity trading long enough to realise the value from -100 million in operating loses.