Thanks Josh for the Couran Cove information. It certainly...

Thanks Josh for the Couran Cove information.  It certainly appears a big challenge and particularly for the ordinary shareholders.  All three areas,  Bloomer, McGrath and Couran Cove seem risky but they could all work too.

Bloomer was Queensland's largest builder in 2011/2012

https://hia.com.au/~/media/HIA Webs...onstructions Retains Pole Position - QLD.ashx

McGrath's big contract with Meadowbrooke will have them build 181 homes if it works totally.

For Onterran, I managed to get a list of the top 20 preference share investors and many of them were closely associated with the Executive Chairman, Lachlan MacIntosh.  Lachlan is also on the Eureka Group board and several of the top 20 shareholders in that company are now in the top 20 of the Onterran preference shares.  Eureka has also taken on units in Couran Cove so the two companies are working together in this area.

http://www.asx.com.au/asxpdf/20160701/pdf/4388z25kf50kvq.pdf

I find Onterran a hell of an interesting stock.  I just hope it works instead of going broke.

GPASAS