There are also a few newspaper articles suggesting interest from private equity which seems logical for a couple of reasons:
Arowana who own 25% have just had their escrow period finish
It finally appears as though the bad news is behind them e.g. Finalisation of Dive School settlement, TEC funding confirmed for FY16
Just need to get through the SRO inquiry and Quantum (which they have fully written off) and this could re-rate back above $1
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