Everything below is my opinion... DYORMr Rowe looked very...

Everything below is my opinion... DYOR

Mr Rowe looked very uncomfortable about this this morning on ABC... for someone with 40 years of investment banking experience that is.

These guys have not closed out their risks properly.

Look at PDS section 2.6 re 2nd instalement. There is no liability crystaliised until the call is made. It is a contingent liability until the call is made and the call date cannot be brought forward or changed. The liability is contigent until April.

The underwriters are definitely at risk.

The Qld Govt and Qld taxpayers are at risk.

The project contractors are at risk.

Rivercity motorway is at risk of losing a feeder road.

I can feel a bailout coming on.

This is my last public post on this... I've got plenty of work to do.