I guess the risk with this one is a prolonged period of closures...

I guess the risk with this one is a prolonged period of closures and with no cash coming in there could be solvency issues and that's why it got sold down to almost 10c.
I'm in this one because I think it's an overreaction based on fear and irrationality. I can't say how long the closures will go on for and there is every possibility that it will be longer than most expect, but even still I think the assets are still worth more than the current price.

I think when the dust settles the Australian operations will get help from QLD government as tourism and the GC attractions are vital for tourism so help will be coming for the companies affected. I just can't say de sure whether the government will first want to see equity holders wiped out or will they just provide assistance straight away.

Best case scenario, we see a return to business in the next 2-3 months and in 12-16 months there will be relative normalcy but it will take time to undo the damage.

Good luck.