Andrew Peacock ia a ex politician up for hire. He was a good show pony and politician but he is no Nick Greiner or John Hewson who have actual business acumen.
Peacock did not do his homework and got caught the same as Ian Sinclair with Harts.
Note that as a politician he was the first person to lead the charge on King and Adams when they abandoned the sinking ship.
You watch him jump as soon as he can.