Normanton & KD Kiwi it would appear you both have been indulging in the proffered shaudenfraud Company Koolaide !
Have a look in EBA9 at sections :15.9 Agreed steps for managing a surplus and
15.10 Redundancy
There is nothing stopping the Company to greenfield a new entity now.
Ever wondered why they haven’t yet , despite numerous threats ?
Those sections of the EBA might influence management’s bonus centric decision making processes.
Just make sure these sections are not fiddled with prior to voting for EBA10 !