The penultimate sentence in the EGH announcement probably gives you the answer.
"Eureka Executive Chair, Murray Boyte said “The completion of this transaction and the settlement of Couran Cove issues is a pragmatic resolution given the financial challenges that are being faced by Onterran Limited."
I read that as pretty much saying that EGH squeezed OTR dry to recover what money they could.
In capitalism, when you are out of money, you are out of the game unless you can persuade somebody to give you some new money
Cheers
OTR Price at posting:
31.5¢ Sentiment: None Disclosure: Held
