There is around (maybe more accurately, at least) $2b of wasted capital in JQ entities. That’s the issue long term QF staff have with JQ. It is inconceivable to anyone but a crackhead that was spent in the best interests of the Company that paid (and is still paying) the bills. In my book, that could only be described as a cataclysmic financial disaster.
And I have nothing against JQ staff.