So apparently something gleaned through ASIC and Korda Mentha for $700 million is really worth $5bn. It's OK, it's only shareholders and creditors money
https://www.theage.com.au/business/companies/whyalla-steelworks-owner-plans-float-for-australian-operations-20190310-p51335.html?fbclid=IwAR2NYVCza430MrzN7nLcKXV1T53GEZ8QAHNseSXKct4PKlYz61IF-zENdfY