I've looked for that and there is no mention of it. If Macqaurie...

I've looked for that and there is no mention of it.
If Macqaurie do have an equity stake in Northern/Big Star and this was not disclosed that takes the cake from there being no carrying value for Northern/Big Star on the financial statements as at 30 June 2015.

You just get the feeling the more you dig, the more you uncover.

With all these "risks", the investment is a sunk cost. All that can happen is accountability and the best way to action that is start the sale process via an Administrator.

I can't stand the thought that JC is still making $1M a year, while shareholders hopes of US$250M deal are quashed and AZZ has defaulted on noteholders.

The same old suspects continue to benefit. Need this to end ASAP