The bit which disturbed me in the newspaper report was the...

The bit which disturbed me in the newspaper report was the statement that Bar 20 was on the market for $10.5m. I don't know if that is true or just a journalistic error, but I would have expected to see a clarification issued by the company to the ASX. If it is true, then obviously you can picture a situation in which the sale of Bar 20 wipes out PPN's bank debt and leaves a lot left over for setting up a wine bar adjacent to Horne St. (You would also ask yourself how this could possibly happen without shareholders being asked to vote). If it is not true, then PPN should have been stating the true position already.