Ann: Cardno Provides Market Update and FY16 Guidance, page-24

The timing of this Cap-raise sounds like it was designed by Crescent, for the benefit of Crescent to lower their average buy price and the rest of us get stiched-up by limiting of 25% above allocation. ( wish I'd sold the bloody lot at $3.40 odd ) Can't see a return on this inside of 5 years. No dividends and a faint view of capital gain on distant horizon. Might be better off selling what I've got left, and buying more under-priced bank shares for some sort of return. What used to be one of my favourite investments is now feeling like a millstone. Dragging me down and effecting my mood.