It is WIN WIN for the shorters with average prices in the high...

It is WIN WIN for the shorters with average prices in the high 20's they cannot lose. Even if Campbell Newman backs down they will likely be able to cover below 20c and even a takeover is rarely at more than a 100% premium so no risk there either.

Not only that but if the LNP do go back on their word and green light the project, the shorters can probably get ASIC to prosecute the State Premier for misinforming the market of price sensitive information and potentially launch civil suits for financial damages also?

I mean if he says it isnt going to get up, then it isnt, or is it?

I sure can understand why Australia is such a popular country to short and profit from destroying companies.
Easy money to be made between the government and many company directors.