I hadn't registered the Century aspect of the AML story.
This link may suggest that management didn't "stuff things up" as much as implied.
It would have been great if AML could have sealed such a deal and had Walford Creek as well, but for any relatively cash poor mob such a price would always have been a real stretch.
This article is the limit of my research, for now, on this topic so may not be the full story.
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